TENDERS AT BICEX

16.04.2004 [19:03]
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The weighted average exchange prices made up 4921,81 manats for 1 US dollar in the Baku Interbank Currency Exchange on April 16.

In the morning, the volume of deals closed by two banks was $400 thousand. The new session opening exchange rate was 4921 manats for 1 US dollar and remained unchanged. The call and demand made up $400 thousand.

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 manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 million 684 thousand dollars was fixed, which in manats equivalent turned up 8,289 billion. The average cost of one deal was $280 667. 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 17,424 billion manats.

No deals on credit instrument between the banks were closed on April 16.

TENDERS AT BICEX

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