ECONOMY
TENDERS AT BICEX
The average-weighted dollar exchange rate was 4905,36 AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). Volume of USD/AZM T+0 made up 30 thousand dollars. Manat exchange rate dropped 2,36 points and stood at 4903 for 1 USD
In the afternoon session, the volume of 1 mln 375 thousand was fixed. Thus, the weighted average exchange rate was 4904 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1 million 405 thousand, which in manat equivalent turned up 6 billion 890 million. The average cost of one deal was $140 500. 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 35,182 billion manats. No deals on credit instrument between the banks were on November 1.