ECONOMY
TRADES AT BICEX
Baku, May 8 (AZERTAC). The weighted average exchange prices made up 0.7834 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on May 7.
The average-weighted dollar exchange rate was 0.7834 AZN at the morning session on US currency in the BEST (Bourse E-system of trades).
Deals worth 3 138 000 AZN were registered on instrument USD/AZN T+0 at the morning session in BEST. Manat exchange rate remained 0.7834 AZN for 1 USD.
At the afternoon session in BEST, no deals were registered on instrument USD/AZN T+0.
The volume of trades totaled AZN 3 138 000 (USD 4 000 000) on the instrument USD/AZM for both sessions.
The deals on the instrument USD/AZM T+1, T+2 and SWAP USD/AZN were not registered.
No deals were made on Instrument RUB/AZN, EUR/USD_TOD, EUR/USD_TOM. In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 10.92% in AZN on 90 day-instruments and 11.93% in USD.
No deals were closed on credit instruments between the banks on May 7.