Bank Of Baku

Transactions on BICEX 29% decrease in June

Transactions on BICEX 29% decrease in June
# 02 July 2010 08:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. 29 deals were registered at 40 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during June. The auctions were attended by 7 banks.

The total volume of trades of currency section in accounting month on USD/AZN has made 34.276 million manats or 42.647 millions in dollar equivalent, up AZN 6.6 mln or 19.3% compared with May. The turnover of EUR/AZN instruments made AZN 1.879 mln.

The average daily turnover in “Bourse E-System of Trades” on USD/AZN reached approximately $ 2.132 millions, then that the average volume of each transaction has made $ 1.471 millions.

At the same time, Joint-stock Commercial Bank “AIB” has headed five bank-leaders of exchange currency market in accordance with shares of transactions concluded by him (39.65%). “Unibank” (27.08%), “AGBank” (21.97%), “Pasha Bank” (5.03%) and “Accessbank” (3.99%) also included in the number of the leading dealers of organized currency market.
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