ECONOMY
TRADES AT BICEX
The weighted average exchange prices made up 0,8711 AZN for 1 US dollar in the Baku Interbank Currency Exchange on January 23.
The average-weighted dollar exchange rate was 0,8712 at the morning session on US currency in the BEST (Bourse E-system of trades). Deals on instrument USD/AZM T+0 were 574 992 AZN. Manat exchange rate remained unchanged.
Deals were 87 110 AZN at the afternoon session. Thus, the weighted average exchange was 0,8711.
The volume of trades in the instrument USD/AZM T+0 for both sessions totaled 662 102AZN (USD 760 000).
The average volume of one deal was $ 253 333.
No deals were closed in USD/AZN T+1, T+2 instrument in BEST, because of lack of demand.
There were no deals made on Instrument EUR/AZN T+0, and RUR/AZN. In the inter-bank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 14.51 % in manats on 90 day-instruments, and 14.63 % in USD.
No deals were closed on credit instrument on January 23.