The Azerbaijan State News Agency

ECONOMY

TRADES AT BICEX

The weighted average exchange prices made up 0,9152 manats for 1 US dollar in the Baku Interbank Currency Exchange on January 27.

The average-weighted dollar exchange rate was 0,9160 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). No deals were on instrument USD/AZN T+0. Manat exchange rate did not change.

In the afternoon session, the volume of $3mln 900 thousand was fixed. Thus, the weighted average exchange rate was 0,9152 AZN.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $ 3mln 900 thousand which in manat equivalent turned up AZN 3mln 569 thousand. The average cost of one deal was $1 300 000. On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand.

No deals were made on instrument RUR/AZN and EUR/AZN.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15,05% in manats on 90 day-instruments, and 15,34% in USD.

Deals on credit instruments were not closed by the banks on January 27.

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