BICEX turnover decreases

BICEX turnover decreases
# 06 April 2011 08:58 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. 39 deals were closed at 34 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during March.

Deals worth AZN 90.808 million ($114.581 million) in total were concluded among 14 banks, up 17.5% from February.

At the same time the turnover on EUR/AZN made AZN 331 800 and average weighted price of euro against stood at AZN 1.1060.

Besides, average daily turnover on USD/AZN in BEST reached $ 6.740 mln, while average price of per deal made $ 2.938 mln.

Five banks- International Bank of Azerbaijan (31.07%), Azerbaijan Industry Bank (22.47%), AFB Bank (4.36%), YapiKredi Bank (3.05%) and AGBank (2.93%) came ahead for the amount of deals in March.
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