POLITICS
TENDERS AT BICEX
The average-weighted dollar exchange rate was 4904,32 AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). Volume of USD/AZM T+0 made up 311 thousand dollars. Manat exchange rate rose 1,32 points and stood at 4903 for 1 USD
In the afternoon session, the volume of 700 thousand was fixed. Thus, the weighted average exchange rate was 4903,68 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1 million 11 thousand, which in manat equivalent turned up 4 billion 958 million. The average cost of one deal was $126 375. On USD/AZM T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. Deals were not made on instrument RUR/AZM, EUR/AZM.
In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manats credits to total amount of 32,147 billion manats. No deals on credit instrument between the banks were on October 15.