ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,8968 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades). The volume of deals closed on instrument USD/AZM T+0 deals totaled $880000. Manat exchange rate rose by 0,0008 to 0,8960 AZN.
In the afternoon session, the volume of $100,000 was fixed.
Thus, the weighted average exchange rate was 0,8960 AZN.
The volume of trades in the instrument USD/AZM T+0 for both sessions totaled $980,000 which in manat equivalent turned up 879 354 AZN.
The average cost of one deal was $245,000.
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, and RUR/AZN deals were not made.
In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14,44 in manats on 90 day-instruments, and 13,98 % in USD.
No deals on credit instrument between the banks were on June 9.