ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $ 1 mln 600 thousand. The new session opening exchange rate was 4938 manat. . At the volume of offer 1 mln 600 thousand dollar and call 1 mln 665 thousand dollars, the manat exchange rate dropped in 1 points to 4938 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 4938,78 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1million 811thousand dollars was fixed, which in manat equivalent turned up 8,944 billion. The average cost of one deal was $ 258 714. On T+1,T+2 instruments, no deals were closed because of lack of demand.
On instrument EUR/AZM in the BESt a €17-thousand deal was closed at the exchange rate 6318 for 1 euro. 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 have applied for placing manat credits to total amount of 9,074 billion manat.
No deals on credit instrument between the banks were closed on February 17.