ECONOMY


TENDERS AT BICEX

Weighted average exchange prices made up 4910,79 manat for 1 US dollar in Baku Interbank Currency Exchange on October 8.

In the morning, the volume of deals closed by two banks was 599 thousand dollars. The new session opening exchange rate was 4910 manat for 1 US dollar. The supply and demand totaled 599 thousand dollars for 1 US dollar.

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 4911 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 2 million 247 thousand dollars was fixed, which in manat equivalent turned up 11,035 billion. The average cost of one deal was 204,273 dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand.

In the interbank credit market functioning in the framework of BEST, the National bank has applied for placing manat credits to total amount of 1,150 billion manat and 200 thousand dollars at 10% interest rate yearly.

No deals on credit instrument between the banks were closed on October 8.

© Content from this site must be hyperlinked when used.
Report a mistake by marking it and pressing ctrl + enter

FEEDBACK

Fields with * are required.

Please enter the letters as they are shown in the image above.
Letters are not case-sensitive.