ECONOMY
TENDERS AT BICEX
In the morning, according to results of vote auctions, the volume of concluded deals totaled at $ 780 thousand. The opening rate of the trade session was 4914 manat for $1 dollar and remained unchanged till the end of the auctions. Demand and supply amounted at $780 thousand.
The price of the American currency in the proposals hovered around 4912,36 manat for $1 dollar in the Bourse E-system of trades /BEST/. According to USD/AZM T+0 in BEST, the volume of $4,707 million manat has been fixed which equals 23,122 billion in manats. Thus, one deal averaged at $672 429.
As to T+1,T+2, the dealers have not concluded any deals because of the lack of demand.
At the Inter-bank credit market, functioning within the BEST, the National Bank have made offers on the placement of 1,2 billion AZM credits and $ 200 thousand at 10% annual interest rate. No deals on credit instruments were made at the exchange on August 28.