ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,8877 AZN/USD at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were $3 684 640.
Manat exchange rate rose by AZN 0,0007.
In the afternoon session, the volume of $75 480 was fixed.
Thus, the weighted average exchange rate was 0,8880 AZN.
The volume of trades in the instrument USD/AZM T+0 for both sessions totaled $4,235,000 which in manat equivalent turned 3 760 120 AZN.
The average cost of one deal was $605,000.
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 15,23 % in manats on 90 day-instruments, and 15,39 % in USD.
No deals on credit instrument were between the banks on August 2.