TENDERS AT BICEX
The average-weighted dollar exchange rate was 4903 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 $575 thousand. Manat exchange rate dropped 1 point to 4904 for 1 USD.
In the afternoon session, the volume of 5 million 450 thousand was fixed. Thus, the weighted average exchange rate was 4902,35 manats.
Thus, the volume of trades for both sessions totaled $6 million 25 thousand, which in manat equivavalent turned up 29,538 billion. The average cost of one deal was $401 666 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 37,384 billion manats.
No deals on credit instrument between the banks were on August 18.