TRADES AT BICEX

01.11.2006 [18:39]
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The weighted average exchange prices made up 0.8722 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 1.

The average-weighted dollar exchange rate was 0.8722 at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were not made. Manat exchange rate jumped 0.0004 points and reached 0.8719 AZN.

In the afternoon session, the volume of 95 942 AZN was fixed. Thus, the weighted average exchange rate was 0.8722 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 95 942 AZN (USD 110,000).

The average cost of one deal was $ 55,000.

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 15.30 % in manats on 90 day-instruments, and 15.30 % in USD. No deals on credit instrument between the banks were on November 1.

TRADES AT BICEX

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