TENDERS AT BICEX

19.07.2004 [22:38]
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The weighted average exchange prices made up 4908,65 manats for 1 US dollar in the Baku Interbank Currency Exchange on July 19.

In the morning, the volume of deals closed by two banks was $100 000. The new session opening exchange rate was 4911 manats and remained unchanged. The call and offer totaled $100 thousand.

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 4908,61 manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 6mln 277 thousand dollars was fixed, which in manats equivalent turned up 30,811 billion. The average cost of one deal was $1 255 400. 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, RUR/AZM.

In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manats credits to total amount of 44,401 billion manats.

No deals on credit instrument between the banks were on July 19.

TENDERS AT BICEX

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