ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $ 2 mln 890 thousand. The new session opening exchange rate was 4920 manats for 1 US dollar and remained unchanged. Under call 2 mln 890 thousand dollars and offer in 2 mln 750 thousand, manat raised 2 points and made up 4918 manat for 1 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 4920 manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 million 886 thousand dollars was fixed, which in manats equivalent turned up 9,279 billion. The average cost of one deal was $314 333. 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 18,151 billion manats.
No deals on credit instrument between the banks were closed on April 27.