TRADES AT BICEX

28.03.2007 [11:22]
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The weighted average exchange prices made up 0.8675 AZN for 1 US dollar in the Baku Interbank Currency Exchange on March 27.

The average-weighted dollar exchange rate was 0.8675 at the morning session on US currency in the BEST (Bou rse E-system of trades).

Deals were 347,000 AZN on instrument USD/AZM T+0 at the morning session.

Manat exchange rate remained unchanged

Deals were 850,150 AZN on instrument USD/AZN T+0 at the afternoon session.

The weighted average exchange was 0.8675.

The volume of trades totaled 1,197,150 AZN (USD 1,380,000) on the instrument USD/AZM T+0 for both sessions.

The average cost of one deal was $276,000.

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

There were no deals made on instruments 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 13.87 % in manats on 90 day-instruments, and 14.47 % in USD.

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