ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $30 thousand. The new session opening exchange rate was 4907 manat. Under call in 20.000 dollars and offer in 30.000 dollars, rate of manat dropped in 3 points and made up 4910 manat for one 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 4910 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 mln 502 thousand dollars was fixed, which in manat equivalent turned up 7,375 billion. The average cost of one deal was $300400. On USD/AZM T+1, T+0 instrument in BEST, no deals were closed because of lack of demand.
Deals were not made on instrument EUR/AZM . The banks did not issue proposal on RUR/AZM in the BEST.
In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 39,821 billion manat.
No deals on credit instrument between the banks were on June 8.