ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was 500 thousand dollars. The new session opening exchange rate was 4934 manat. At the volume of offer 500 thousand dollars and call 455 thousand dollars, the manat exchange rate rose 2 points to 4932 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 4933 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 2 mln 730 thousand dollars was fixed, which in manat equivalent turned up 13,467 billion. The average cost of one deal was 455 thousand dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand.
On instrument RUR/AZM a 650 thousand roubles deal was closed at the exchange rate of 173,38 manat against 1 RUR.
Proposals on RUR/AZM, EUR/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 7,973 billion manat.
No deals on credit instrument between the banks were closed on January 30.
