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 24.
The average-weighted dollar exchange rate was 0,8711 at the morning session on US currency in the BEST (Bourse E-system of trades). Deals on instrument USD/AZM T+0 were 34 848 AZN. Manat exchange rate remained unchanged.
Deals were 1 219 680 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 1 254 528 AZN (USD 1 440 000).
The average volume of one deal was $ 720 000.
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.
In the interbank credit market functioning within the BESt, four deals were closed in the amount of AZN 1,000,000 and AZN 250,000 at 14 interest rate.
