ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was 200 thousand dollars. The new session opening exchange rate was 4923 manat for 1 US dollar. At the volume of offer 160 thousand dollars, the call was 200 thousand dollars, whereupon the session closing exchange rate dropped to 4924 manat for 1 US dollar.
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 4924 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 2 mln 34 thousand dollars was fixed, which in manat equivalent turned up 10,015 billion. The average cost of one deal was 399 thousand dollars. On T+1,T+2 instruments, no deals were closed because of lack of demand.
Proposals on RUR/AZM EUR/AZM in BEST were not issued by the banks.
In the inter-bank credit market functioning in the framework of BEST, the banks has applied for placing manats credits to total amount of 3,099 billion manat.
Deals on credit instruments between the banks were not concluded, on December 26.