TENDERS AT BICEX

26.08.2004 [20:34]
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The weighted average exchange prices made up 4902,09 manats for 1 US dollar in the Baku Interbank Currency Exchange on August 26.

The average-weighted dollar exchange rate was 4907 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 $313 thousand. Manat exchange rate raised 3,92 point and made 4903,8 for one dollar.

In the afternoon session, the volume of 6 million 110 thousand was fixed. Thus, the weighted average exchange rate was 4903,73 manats.

Thus, the volume of trades for both sessions totaled $3 million 058 thousand, which in manat equivavalent turned up 14,991 billion. The average cost of one deal was $436 857 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 37,856 billion manats.

No deals on credit instrument between the banks were on August 26.

TENDERS AT BICEX

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