TRADES AT BICEX
The weighted average exchange prices made up 0,8615 AZN for 1 US dollar in the Baku, Interbank Currency Exchange on May 16.
The average-weighted dollar exchange rate was 0,8617 AZN at the morning session on US currency in the BEST (Bourse E-system of trades). Deals on instrument USD/AZM T+0 amounted to AZN 430,750. Manat exchange rate rose by 0,0002 pts to 0,8615 AZN for 1 US dollar.
Deals on instrument USD/AZN T+0 amounted to 177,469 AZN at the afternoon session. The weighted average rate was 0,8615AZN for one US dollar.
The volume of trades totaled 608,219 AZN (USD 706,000) on the instrument USD/AZM T+0 for both sessions. The average cost of one deal was $ 235,333.
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 14.94 % in manats on 90 day-instruments, and 15.05 % in USD.
No deals on the credit instruments were made between the banks on May 16.
