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 4932 manat. At the volume of offer 500 thousand dollars and call 550 thousand dollars, the manat exchange rate rose 1 points to 4933 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 895 thousand dollars was fixed, which in manat equivalent turned up 4,416 billion. The average cost of one deal was 179 thousand dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand.
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 9,173 billion manat.
No deals on credit instrument between the banks were closed on February 2.