ECONOMY
TENDERS AT BICEX
In the morning, the volume of deals closed by two banks was $135 000. manat exchange rate dropped 3.21 points to 4904 for 1 USD.
In the afternoon session, the volume of 4 million 275 thousand was fixed. Thus, the weighted average exchange rate was 4900,89 manats.
Thus, the volume of trades for both sessions totaled $4 million 410 thousand, which in manat equivavalent turned up 21,613 billion. On USD/AZM T+1, T+2 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 37,365 billion manats.
No deals on credit instrument between the banks were on August 11.
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