ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was 196 thousand dollars. The new session opening exchange rate was 4914 manat for 1 US dollar. At the volume of offer 1 million 550 thousand dollars. Demand and proposals made up $ 1 million 550 thousand
.
According the results of the voice trading, the price for American currency appeared in the banks proposals in the electronic system of trades BEST was limited by 4914 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 million 050 thousand dollars was fixed, which in manat equivalent turned up 5,160 billion. The average cost of one deal was 150,000 dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand. Proposals on EUR/AZM, RUR/AZM in BEST were not issued by the banks.
On instruments RUR/AZM TOM in BEST 1008000 roubles deal at the exchange rate 160,69 for 1 rouble was closed.
In the interbank credit market functioning in the framework of BEST, the National bank has applied for placing manat credits to total amount of 1,300 billion manat and 200 thousand dollars at 10% interest rate yearly.
No deals on credit instrument between the banks were closed on August 17.