ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,9106 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). Deals on instrument USD/AZN T+0 were 1 mln 75 thousand dollars. Manat exchange rate jumped 0,0002 to 0,9104 AZN.
In the afternoon session, the volume of $ 7 mln 100 thousand was fixed. Thus, the weighted average exchange rate was 0,9101 AZN.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $ 8 mln 175 thousand which in manat equivalent turned up 7 440 130 AZN. The average cost of one deal was $1 mln 021 875 thousand.
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 14,90 % in manats on 90 day-instruments, and 14,75 % in USD.
No deals on credit instrument between the banks were on March 17.