ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,8995 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). The amount of deals on instrument USD/AZM T+0 totoaled $1 650 000. Manat exchange rate fell 0.0001point to 0.8986 AZN.
In the afternoon session, the volume of $2 000 was fixed. Thus, the weighted average exchange rate was 0,8986 AZN.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1.652 000 which in manat equivalent turned up 484 697 AZN.
The average cost of one deal was $413 000.
On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand.
On Instrument EUR/AZN T+0 €200 thousand deal was closed. Euro exchange rate made up 1.1455AZN. No deals were made on instrument RUR/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 14,75 in manats on 90 day-instruments, and 14,48 % in USD.
No deals on credit instrument between the banks were on June 1.