ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $650 thousand. The new session opening exchange rate was 4922 manats for 1 US dollar. At the call of $650 thousand and demand of $570 thousand manat exchange rate rose 1 points to 4921.
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 4922,98 manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 545 thousand dollars was fixed, which in manats equivalent turned up 2,683 billion. The average cost of one deal was $109 000. On T+1,T+2 instruments, no deals were closed because of lack of demand.
The banks did not issue proposal on EUR/AZM and RUR/AZM in the BEST.
In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manats credits to total amount of 10,154 billion manats.
No deals on credit instrument between the banks were closed on April 14.