Today.Az » Business » Trades at BICEX, March 1
02 March 2007 [08:30] - Today.Az
The weighted average exchange price made up 0.8688 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on March 1.
BICEX told APA that the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.8688 AZN/USD and deals of AZN 868,800 were closed on USD/AZN T+0 instrument. The manat exchange against the US dollar remained unchanged. Deals of AZN 1,416,144 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat against the US dollar was made 0.8688 AZN/USD. According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $2.63m or AZN 2,284,944. The average cost per deal was $438,333. On USD/AZN T+1, T+2 instruments and SWAP_USD/AZN in BEST, no deals were closed through lack of demand. No bids on RUB/AZN and EUR/AZN T+1instruments were made by banks. In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.51% in manats and 14.47% in USD on 90-day instrument. Two interbank deals of AZN 200,000 and AZN 447,000 were closed for 31 and 90 days at the interest rates of 18% and 16% annually.
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