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Total deals rise by 15% on BICEX

03 May 2010 14:38 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. On results of trades in currency section on tool USD/AZN_TOD Baku Interbank Currency Exchange defined five banks â€“ leading operators of exchange market of hard currency on April 2010.

In total 13 banks have taken part in the trades of currency section of the BBVB in April 2010. In accounting month in â€œBourse E-System of Tradesâ€ (BEST) 44 trading sessions are conducted and 31 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 38,824 million manats or 48,324 millions in dollar equivalent.
In comparison with indicators of March in accounting month the total volume of trades in currency section has increased on 5,933 million AZN or on 15,28%. The average daily turnover in â€œBourse E-System of Tradesâ€ on USD/AZN reached approximately $ 2,197 millions, then that the average volume of each transaction has made $ 1,559 millions.
It is necessary to note, that exchange rate of national currency on tool USD/AZN_TOD in accounting month has increased on 0,01% from 0,8035 to 0,8034 for 1 USD. Thus the US dollar average rate in consideration to manat has made in April 0,8034 AZN for 1 USD, against 0,8034 AZN following the March results of current year.

Joint-stock Commercial Bank â€œAIBâ€ has headed five bank-leaders of exchange currency market in accordance with shares of transactions concluded by him. Joint-stock Commercial Bank â€œAGBankâ€, Joint-stock Commercial Bank â€œBank of Bakuâ€, Joint-stock Commercial Bank â€œPASHA Bankâ€ and Joint-stock Commercial Bank â€œBank Respublikaâ€ also included in the number of the leading dealers of organized currency market. In accordance with it below is the list of banks â€“ the leading operators of exchange market of hard currency in April 2010.*