ECONOMY
TRADES AT BICEX
The average-weighted dollar exchange rate was 0.8752 at the morning session on US currency in the BEST (Bourse E-system of trades).
On instrument USD/AZM T+0 deals were 7,261,880 AZN.
Manat exchange rate rose 0.0003 and reached 0.8749 AZN.
In the afternoon session, the volume of 10,933,510 AZN was fixed. Thus, the weighted average exchange rate was 0.8747 AZN.
The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 18,195,390 AZN (USD 20,800,000).
The average cost of one deal was $1,890,909.
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 14.52 % in manats on 90 day-instruments, and 14.55 % in USD.
No deals on credit instrument were between the banks on September 28.
