TRADES AT BICEX

06.07.2006 [21:57]
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The weighted average exchange prices made up 0.8939 AZN for 1 US dollar in the Baku Interbank Currency Exchange on July 6.

The average-weighted dollar exchange rate was 0.8940 AZN/USD at the morning session on US currency today in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0 deals were not closed.

Manat exchange rate remained unchanged.

In the afternoon session, the volume of $1,000,000 was fixed.

Thus, the weighted average exchange rate was 0.8939 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled $1,000,000 which in manat equivalent turned 893,900 AZN.

The average cost of one deal was $500,000.

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 14.90% in manats on 90 day-instruments, and 14.62 % in USD.

No deals on credit instrument were between the banks on July 6.

TRADES AT BICEX

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