ECONOMY
TRADES AT BICEX
The weighted average exchange prices made up 0.8519AZN for 1 US dollar in the Baku, Interbank Currency Exchange on August 1.
The average-weighted dollar exchange rate was 0.8523 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). No deals on instrument USD/AZM T+0 were registered. Manat exchange rate remained unchanged.
Deals on instrument USD/AZN T+0 amounted to 18,870,085 0AZN at the afternoon session. The weighted average rate was 0.8519 AZN for one US dollar.
The volume of trades totaled 18,870,085 AZN (USD 22,150,000) on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $ 2,461,111.
No deals were closed on the 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 13.82 % in manats on 90 day-instruments, and 13.86 % in USD.
No deals on the credit instruments were made between the banks on August 1.