ECONOMY
TRADES AT BICEX
The weighted average exchange prices made up 0,8962 AZN for 1 US dollar in the Baku Interbank Currency Exchange on June 14. The average-weighted dollar exchange rate was 0,8960 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 totaled $350.000.
Manat exchange rate dropped 0,0003 points to 0,8963 AZN. In the afternoon session, the volume of $5.543.000 was fixed. Thus, the weighted average exchange rate was 0,8962 AZN. Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $5.893.000, which in manat equivalent turned up 5.281.480 AZN.
The average cost of one deal was $1.178.600 .On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand.
In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 15,30 % in manats on 90 day-instruments, and 15,13 % in USD.
No deals on credit instrument between the banks were on June 14.