ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,8955 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 $10.000.000.
Manat exchange rate dropped 0,0001 points to 0,8956 AZN.
In the afternoon session, the volume of $860.000 was fixed.
Thus, the weighted average exchange rate was 0,8954 AZN.
Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $10.860.000, which in manat equivalent turned up 9.726 .412 AZN.
The average cost of one deal was $2 715 000.
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 14,90 % in manats on 90 day-instruments, and 14,63 % in USD.
No deals on credit instrument between the banks were on June 21.
