The Azerbaijan State News Agency

ECONOMY

TRADES AT BICEX

The weighted average exchange prices made up 0,8492 AZN for 1 US dollar in the Baku, Interbank Currency Exchange on October 26.

The average-weighted dollar exchange rate was 0.8492 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals were not registered on instrument USD/AZM T+0 . Manat exchange rate remained unchanged.

Deals amounted to 4,827,702 AZN on instrument USD/AZN T+0 at the afternoon session.

Manat exchange rate made 0.8492.

The volume of trades totaled 4,827,702 AZN (USD 5,685,000 on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $1,421,250.

The deals on the instrument USD/AZM T+1, T+2 and SWAP_USD/AZN were not registered 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 14.57 % in manats on 90 day-instruments, and 14.29 % in USD.

No deals on the credit instruments were made between the banks on October 26.

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