ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $300 000. The new session opening exchange rate was 4907 manat. At the call of $270 thousand and offer of $300 thousand, rate of manat dropped 1 point to 4908 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 4906,23 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 13mln 449 thousand dollars was fixed, which in manat equivalent turned up 65,984 billion. The average cost of one deal was $1 222 636. On USD/AZM T+1, T+0 instrument in BEST, no deals were closed because of lack of demand.
On instrument RUR/AZM in the BEST, 800-thousand roubles deal was closed at the exchange rate of 169,23 manats for 1 RUR.
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 44,857 billion manat.
No deals on credit instrument between the banks were on July 1.