TENDERS AT BICEX

14.08.2004 [17:38]
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The weighted average exchange prices made up 4901.42 manats for 1 US dollar in the Baku Interbank Currency Exchange on August 13.

The average-weighted dollar exchange rate was 4900,77 AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). The volume of deals closed by the banks totaled $800 thousand. Manat exchange rate dropped 0,59 points to 4901,36 for 1 USD.

In the afternoon session, the volume of 3 million 125 thousand was fixed. Thus, the weighted average exchange rate was 4901,44 manats.

Thus, the volume of trades for both sessions totaled $3 million 925 thousand, which in manat equivavalent turned up 19,238 billion. The average cost of one deal was $490 625 thousand. 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 37,373 billion manats.

No deals on credit instrument between the banks were on August 13.

TENDERS AT BICEX

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