ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 4594,00 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 $ 1 million 819 thousand. Manat exchange rate rose 2 points up to AZM 4592 for 1 US dollar.
In the afternoon session, the volume of $600 thousand was fixed. Thus, the weighted average exchange rate was 4592,00 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $2 mln 419 thousand, which in manat equivalent turned up 11 bln 108 mln. The average cost of one deal was $806 333. On instrument EUR/AZM in the BEST deals were not closed.
In the inter-bank credit market functioning in the framework of BEST, BakiBOR index, counted on the requests made by market makers constituted 15,05 percent in manat equivalent for 90-day instruments and 15,34 percent - in dollar equivalent. No deals on credit instrument between the banks were on December 22.