Deals of $17.269 million concluded on BICEX, April 3

Deals of $17.269 million concluded on BICEX, April 3
# 03 April 2009 14:52 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. The weighted average exchange price made up 0.8028 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 0.8029 AZN/USD and deals of AZN 2 260 685 were closed on USD/AZN T+0 instrument.
Deals of AZN 11 602 868 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8029 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $17.269 million or AZN 13 863 553.
The average cost per deal was $1 233 500.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.88% in manats and 16.38% in USD on 90-day instrument.
An interbank deal of AZN 2 million at an annual interest rate of 17.50% for 180 days was concluded.
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