ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $800 thousand. The new session opening exchange rate was 4921 manats for 1 US dollar and remained unchanged. At the call of $800 thouand and offer of $700 thousand manat exchange rate rose 1 point to 4920.
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 4920,37 manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 3 million 682 thousand dollars was fixed, which in manats equivalent turned up 18,117 billion. The average cost of one deal was $920 500. On T+1,T+2 instruments, no deals were closed because of lack of demand.
On instrument RUR/AZM in the BEST 2-million roubles deal was closed at the rate of 172,11 manats for 1 RUR.
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 17,972 billion manats.
No deals on credit instrument between the banks were closed on April 19.