ECONOMY
TENDERS AT BICEX
The average-weighted dollar exchange rate was 4597,00 AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 made up 173 thousand dollars. Manat exchange remained stable.
In the afternoon session, the volume of $ 1 mln 420 thousand was fixed. Thus, the weighted average exchange rate was 4595, 00 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $ 1mln 593 thousand, which in manat equivalent turned up 7 mln 320 mln manats. The average cost of one deal was $ 318 600. 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. On instrument EUR/AZM in the BEST deals were not closed. In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manats credits to total amount of 27,078 billion manats. No deals on credit instrument between the banks were on November 10.