The Azerbaijan State News Agency

ECONOMY

TENDERS AT BICEX

The weighted average exchange prices made up 4903,96 manat for 1 US dollar in the Baku Interbank Currency Exchange on June 24.

In the morning, the volume of deals closed by two banks was $39 thousand. The new session opening exchange rate was 4904 manat and remained unchanged. Under call in $ 39 thousand and offer in $ 30 thousand, rate of manat raised 2 points and made up 4902 for 1 dollar.

According the results of the voice trading, the price for American currency appeared in the bank proposals in the electronic system of trades BEST was limited by 4904 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 2 mln 155 thousand dollars was fixed, which in manat equivalent turned up 10,568 billion. The average cost of one deal was $359 167. On USD/AZM T+1, T+0 instrument in BEST, no deals were closed because of lack of demand.

Deals were not made on instrument EUR/AZM.

In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 37,103 billion manat.

No deals on credit instrument between the banks were on June 24.

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