Bank Of Baku

Deals of $5.155 million concluded on BICEX, Feb. 27

Deals of $5.155 million concluded on BICEX, Feb. 27
# 27 February 2009 15:22 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8052 AZN/USD at trading sessions on the Baku Interbank Currency Exchange today.
BICEX said the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8048 AZN/USD and deals of AZN 3 647 556 were closed on USD/AZN T+0 instrument.
Deals of AZN 503 250 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8052 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $5.155 million or AZN 4 150 806.
The average cost per deal was $1 288 750.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.67% in manats and 15.83% in USD on 90-day instrument.
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