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Deals of $16.994 million concluded on BICEX, today

Posted on July 23, 2012July 28, 2012 by Web Desk

Baku: Nijat Mustafayev ; ECONOMICS. The weighted average exchange price made 0.7849 AZN/USD at trading sessions on the Baku Interbank Currency Exchange today.

BICEX said the opening price of the morning session on the BEST (Bourse E-system of Trades) was 0.7850 AZN/USD and no deals were closed on USD/AZN T+0 instrument.

Deals of AZN 13,339,385.80 were closed on USD/AZN T+0 instrument in the midday trading. The exchange rate of manat stood at 0.7849 AZN/USD.

According to the results of the two sessions, the total volume of the trades on USD/AZN instrument amounted to $16.994 million or AZN 13,339,385.80.

In the interbank credit market functioning in the framework of BEST, BakiBOR index counted in line with requests made by market makers constituted 12.70% in manats and 13.08% in USD on 90-day instrument.

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