Bank Of Baku

Transactions on BICEX decrease in 2010

Transactions on BICEX decrease in 2010
# 10 January 2011 12:38 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. 990 deals were registered at 484 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during 2010. The auctions were attended by 30 banks.

The total volume of e-trades of currency section in a year has made 710.502 million manats, down 2.6 times compared to 2009.

The average volume of each deal on BEST made $ 2.293 mln. In general, total volume of turnover on USD/AZN made $ 883.569 mln in 2010, down 2.6 times in comparison to a year ago.

Deals closed on EUR/AZN accounted AZN 2.416 mln (Euro 2.404) and down by 9.8 times compared to a year earlier.
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