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Deals of $32.233 million concluded on BICEX, April 6

06 April 2009 14:53 (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 0.8028 AZN/USD and deals of AZN 1 605 600 were closed on USD/AZN T+0 instrument.
Deals of AZN 24 271 052 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.8028 AZN/USD.
According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $32.233 million or AZN 25 876 652.
The average cost per deal was $2 686 083.
In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15.57% in manats and 16.00% in USD on 90-day instrument.
Two interbank deals of â‚¬2 million and $1.5 million at an annual interest rates of 15.50% and 14.50% for 174 and 21 days were concluded.