ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $27 thousand. The new session opening exchange rate was 4910 manat. Under call in 27.000 dollars and offer in 20.000 dollars, rate of manat dropped in 3 points and made up 4907 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 4907,87 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 3 mln 526 thousand dollars was fixed, which in manat equivalent turned up 17,305 billion. The average cost of one deal was $440 750. On USD/AZM T+1 instrument in BEST, the volume of 315 thousand dollars was fixed, which in manat equivalent turned up 1,545 billion. The average cost of one deal was $315 000. On USD/AZM T+2 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 39,805 billion manat.
No deals on credit instrument between the banks were on June 9.