ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $400 thousand. The new session opening exchange rate was 4911 manat. At the call of 400 thousand and offer of $300 thousand manat exchange rate rose 4 points to 4907.
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 4907,50 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 6 mln 663 thousand dollars was fixed, which in manat equivalent turned up 32, 669 billion. The average cost of one deal was $666 300. On USD/AZM T+1, T+0 instrument in BEST, no deals were closed because of lack of demand.
Deals were not made on instrument EUR/AZM . The banks did not issue proposal on RUR/AZM in the BEST.
In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 39,801 billion manat.
No deals on credit instrument between the banks were on June 4.