ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 4592,00 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 $ 2 million 8 thousand. Manat exchange rate rose 2 points up to AZM 4590 for 1 US dollar.
In the afternoon session, the volume of $2 mln 607 thousand was fixed. Thus, the weighted average exchange rate was 4590,00 manats.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $4 mln 615 thousand, which in manat equivalent turned up 21 bln 183 mln. The average cost of one deal was 1 153 750 manats . On instrument EUR/AZM, RUR/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 26.