TENDERS AT BICEX

01.12.2003 [19:13]
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Weighted average exchange prices made up 4916,88 manat for 1 US dollar in Baku Interbank Currency Exchange on December 1.

In the morning, the volume of deals closed by two banks was 600 thousand dollars. The new session opening exchange rate was 4917 manat for 1 US dollar and remained unchanded. The demand and supply totaled USD 600 thousand.

According the results of the voice trading, the price for American currency appeared in the banks proposals in the electronic system of trades BEST was limited by 4916,84 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 million 846 thousand dollars was fixed, which in manat equivalent turned up 9,076 billion manat. One deal averaged 230 750 dollars.

On instrument USD/AZM T+1 and T+1 no deals were closed because of lack of demand.

On instrument RUR/AZM ТОM in the BEST 30 thousand roubles deal was closed at the exchange rate 165,77 manat for 1 manat.

In the interbank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 6 billion 117 million manat

No deals on credit instrument between the banks were closed on December 1.

TENDERS AT BICEX

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