Results of 14 December 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 14 December, the average sustained exchange rate of USD/AZN totalled AZN 0.8443 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 0.8444 to $1. No deal was registered on USD/AZN T+0 tool. As a result of the session, the AZN the rate remained unchanged.
During the daily session at the BEST, the deals with USD/AZN T+0 tool were fixed totalling AZN 1,131,524. The average sustained rate of the day sessions comprised AZN 0.8443 to $1. Therefore, the total amount of both the trading sessions on USD made up $1,340,000 or AZN 1,131,524. Each deal constituted $ 446,666.
Due to the absence of the demand by the dealers, no deal was concluded on USD/AZN T+1, T+2 and SWAP_USD/AZN tools. The banks did not place appeal 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 14.83% in manats and 15.50% in dollars a year, at the organized inter-bank credit market functioning at BEST system. No deal was concluded at the organized inter-bank credit market, functioning at BEST.