ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $195 000. The new session opening exchange rate was 4908 manats and remained unchanged. At the call of 235 thousand and offer of 195 manat exchange rate rose 3 point to 4905.
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 manats for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 1 mln 925 thousand dollars was fixed, which in manats equivalent turned up 9,444 billion. The average cost of one deal was $481 250. 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 RUR/AZM, EUR/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 44,361 billion manats.
No deals on credit instrument between the banks were on July 23.