ECONOMY
TENDERS AT BICEX
The average-weighted dollar exchange rate was 4591, AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). On instrument USD/AZM T the volume of deals was $ 1mln. Manat exchange rate dropped two points and made 4593.
In the afternoon session, the volume of $ 527 thousand was fixed. Thus, the weighted average exchange rate was 4593,00 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $ 1 mln 527 thousand, which in manat equivalent turned up 7 bln 014 mln. The average cost of one deal was $ 509 000. On USD/AZM T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. No deals were made on instrument RUR/AZM and 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 20,808 billion manats. No deals on credit instrument between the banks were on December 5.