Results of 17 January Exchange’s Trading Session at BBVB Announced
Azerbaijan, Baku, 17 January / Trend / As a result of the trading session held at the Baku Interbank Currency Exchange (BBVB) on 17 January, the average sustained exchange rate of USD/AZN totaled AZN 0.8454 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 0.8455 to $1. The deal on USD/AZN T+0 amounted to AZN 2,737,927. 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 683,872. The average sustained rate of the day sessions comprised AZN 0.8454 to $1
Therefore, the total amount of both trading sessions on USD made up $4,048,000 or AZN 3,421,799. Each deal constituted $809,600.
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 RUB/AZN tools at BEST.
The deal on EUR/AZN totaled AZN 620,500.
The BakiBOR index, calculated on the basis of appeals by market makers on 90-day tools made up 14.83% in manats and 15.67% in dollars a year at the organized inter-bank credit market functioning at BEST system
No deals were concluded at the organized inter-bank credit market functioning at BEST.