TRADES AT BICEX

01.05.2006 [20:15]
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The weighted average exchange prices made up 0,9028 AZN for 1 US dollar in the Baku Interbank Currency Exchange on May 1.

The average-weighted dollar exchange rate was 0,9032 AZN at the morning session on US currency today in the BEST (Bourse E-system of trades).

On instrument USD/AZM T+0 no deals were closed.

Manat exchange rate remained unchanged.

In the afternoon session, the volume of $2.000.000 was fixed.

The weighted average exchange rate was 0,9028 AZN for one US dollar.

Thus, the volume of trades in the instrument USD/AZM T+0 for both sessions totaled $2.000.000 which in manat equivalent turned up 1 805 600 AZN.

The average cost of one deal was $1.000.000.

On USD/AZN T+1, T+2 instrument in BEST, no deals were closed because of lack of demand. No deals were made on instrument RUR/AZN and EUR/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 14,77 % in manats on 90 day-instruments, and 14,46 % in USD.

No deals on credit instrument between the banks were on May 1.

TRADES AT BICEX

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