ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0,8786 at the morning session on US currency 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 879 470 AZN was fixed. Thus, the weighted average exchange rate dropped by 0.0003 points to 0,8789 AZN.
The volume of trades in the instrument USD/AZN T+0 for both sessions totaled USD 1000 000 (AZN 879 470). 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 15,15 % in manats on 90 day-instruments, and 15,50 % in USD.
No deals on credit instrument were between the banks on September 12.