BICEX turnover grew 81% in October

BICEX turnover grew 81% in October
# 04 November 2008 14:53 (UTC +04:00)
Baku. Vugar Mustafayev – APA-Economics. 104 deals were closed at 42 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during October.
Deals worth AZN 231.617 million ($286.146 million) in total were concluded among 23 banks, an 81.02 rise on a month earlier.
The value per deal reached AZN 2.751million from $2.47 million on average.
Deals in foreign currencies exceeded AZN 1.836 billion or $2.232 billion.
Five banks- Bank Standard (41.76%), UniBank (18.16%), Bank Respublika (15.67%), International Bank of Azerbaijan (14.16%) and Azerbaijan Industry Bank (9.88%) came ahead for the amount of deals in October.
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