TRADES AT BICEX

07.11.2006 [21:44]
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The weighted average exchange prices made up 0.8725 AZN for 1 US dollar in the Baku Interbank Currency Exchange on November 7.

The average-weighted dollar exchange rate was 0.8727 at the morning session on US currency in the BEST (Bourse E-system of trades). On instrument USD/AZM T+0 deals were 2,967,880 AZN.

Manat exchange rate jumped 0.0005 points and reached 0.8722 AZN.

In the afternoon session, deals were 8,995,320 AZN

Thus, the weighted average exchange rate was 0.8725 AZN.

The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 11,963,200 AZN (USD 13,710,000).

The average cost of one deal was $2,285,000.

On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand.

On Instrument EUR/AZN deals were not closed.

In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.68 % in manats on 90 day-instruments, and 14.72 % in USD.

No deals on credit instrument between the banks were.

TRADES AT BICEX

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