TENDERS AT BICEX

07.12.2005 [18:46]
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The weighted average exchange prices made up 4593, manats for 1 US dollar in the Baku Interbank Currency Exchange on December 7.

The average-weighted dollar exchange rate was 4593, AZM/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). On instrument USD/AZM T the volume of deals was $ 100 thousand. Manat exchange rate remained stable.

In the afternoon session, the volume of $ 4mln 483 thousand was fixed. Thus, the weighted average exchange rate was 4593,00 manats.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $ 4 mln 583 thousand, which in manat equivalent turned up 21 bln 050 mln. The average cost of one deal was $ 572 875. On USD/AZM T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. No deals were made on instrument RUR/AZM and 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 20,809 billion manats. No deals on credit instrument between the banks were on December 7.

TENDERS AT BICEX

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