ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was 650 thousand dollars. The new session opening exchange rate was 4933 manat. At the volume of offer 600 thousand dollars and call 650 thousand dollars, the manat exchange rate dropped two points to 4934 manat.
According the results of the voice trading, the price for American currency appeared in the bank proposals in the electronic system of trades BEST was limited by 4934 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 2 mln 211 thousand dollars was fixed, which in manat equivalent turned up 10,909 billion. The average cost of one deal was 221,100 thousand dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand.
On instrument RUR/AZM TOM in the Best, a 1 million 100 thousand roubles deal was closed at the exchange rate 173,58 manat for 1 RUR.
Proposals on RUR/AZM in BEST were not issued by the banks.
In the inter-bank credit market functioning in the framework of BEST, the banks has applied for placing manats credits to total amount of 9,073 billion manat.
No deals on credit instrument between the banks were closed on January 27.