ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $1 700 000 d. The new session opening exchange rate was 4902 manat and remained unchanged. At the call of $620 thousand and offer of $1 million 700 thousand, rate of manat dropped 2 points to 4902 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 4904 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 8 mln 889 thousand dollars was fixed, which in manat equivalent turned up 43,582 billion. The average cost of one deal was $683 769. 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.
In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 37,113 billion manat.
No deals on credit instrument between the banks were on June 25.