ECONOMY
TENDERS AT BICEX
The average-weighted dollar exchange rate was 4597 AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 made up 3 million dollars. Manat exchange rate raised 1,00 point and made up 4596 manat.
In the afternoon session, the volume of 8 mln $160 thousand was fixed. Thus, the weighted average exchange rate was 4595,00 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled 3 mln 190 thousand, which in manat equivalent turned up 14 bln 661 million. The average cost of one deal was $797 500. 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. On instrument EUR/AZM in the BEST deals were not closed. In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manats credits to total amount of 17,781 billion manats. No deals on credit instrument between the banks were on October 28.