ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,9046 AZN at the morning session on US currency today in the BEST (Bourse E-system of trades). No deals on USD/AZM T+0 were registered. Manat exchange rate remained unchanged.
In the afternoon session, the volume of $1 million 320 thousand was fixed. Thus, the weighted average exchange rate was 0,9042 AZN for one US dollar.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1 mln 320 thousand, which in manat equivalent turned up 1 194 036 AZN. The average cost of one deal was $1 733 333. On USD/AZM T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. Deals were not made on instrument RUR/AZM.
In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.48% in manats on 90 day-instruments, and 14.37% in USD.