ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was 96 thousand. The new session opening exchange rate was 4938 manat. At the call of $87 thousand and offer of $96 thousand manat exchange rate dropped 1 point to 4939 for 1 US dollar.
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 4938,01 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 6 million 067 thousand dollars was fixed, which in manat equivalent turned up 29,959 billion. The average cost of one deal was $551 545. On T+1,T+2 instruments, no deals were closed because of lack of demand.
Proposals on EUR/AZM and 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 9,475 billion manat.
No deals on credit instrument between the banks were closed on February 23.