Trades at Baku Exchange
The weighted average exchange prices made up 0.7831 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on July 1, Azertag state news agency reported on July 2.
The average-weighted dollar exchange rate was 0.7835 AZN at the morning session on US currency in the BEST (Bourse E-system of trades).
Deals worth 4 698 600 AZN were registered on instrument USD/AZN T+0 at the morning session in BEST. Manat exchange rate remained 0.7831 AZN for 1 USD.
At the afternoon session in BEST, deals worth AZN 3 248 615 were registered on instrument USD/AZN T+0. Manat exchange rate remained 0.7831 AZN FOR 1 USD.
The volume of trades totaled AZN 7 947 215 (USD 10 141 000) on the instrument USD/AZM for both sessions.
The deals on the instrument USD/AZM T+1, T+2 and SWAP USD/AZN were not registered. No deals were made on Instrument RUB/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 9,92% in AZN on 90 day-instruments and 11,07% in USD. No deals were closed on credit instruments between the banks on July 1.
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