Results of 6 November Exchange’s Trading Session at BBVB Announced
Azerbaijan, Baku / Trend / As a result of the trading session held at the Baku Interbank Currency Exchange (BBVB) on 6 November, the average sustained exchange rate of USD/AZN totaled AZN 0.8478 to 1 USD.
The rate of USD/AZN at the opening of the morning session at the Bourse E-system of trades-BEST was AZN 0.8479 to $1. The amount of deals on USD/AZN T+0 tool amounted to AZN 179,097mln. As a result of the session, the AZN rate remained unchanged.
During the daily session at BEST, the deals with USD/AZN T+0 tool were fixed in the amount of AZN 5,107,768. The average sustained rate of the day sessions comprised AZN 0.8478 to $1
Therefore, the total amount of both trading sessions on USD made up $6,236,000 or AZN 5,286,864. Each deal constituted $779,500.
Due to the absence of demand for dealers, no deal was concluded on USD/AZN T+1, T+2 and SWAP_USD/AZN tools. The banks did not place appeals on EUR/AZN and RUB/AZN tools at BEST.
The BakiBOR index, calculated on the basis of appeals by market makers on 90-day tools made up 14.50% in manats and 14.50% in dollars a year at the organized inter-bank credit market functioning at BEST system
The amount of deal at the organized inter-bank credit market functioning at BEST made up AZN 500,000 under 15% annual interest rate.