...

Results of 7 February Exchange’s Trading Session at BBVB Announced

Business Materials 7 February 2008 19:28 (UTC +04:00)

Azerbaijan, Baku, 7 February / Trend / As a result of the trading session held at the Baku Interbank Currency Exchange (BBVB) on 7 February, the average sustained exchange rate of USD/AZN totalled AZN 0.8446 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 0.8446 to $1. The amount of the deals concluded on USD/AZN T+0 tool comprised AZN 198,481. As a result of the session, the AZN rate increased by 0.0003 units and made up AZN 0.8446 per $1.

During the daily session at BEST, the deals with USD/AZN T+0 tool were fixed in the amount of AZN 329,394. The average sustained rate of the day sessions comprised AZN 0.8446 to $1.

Therefore, the total amount of both the trading sessions on USD made up $625,000 or AZN 527,875. One deal averagely constituted $156,250.

Due to the absence of demand of 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 BakiBOR index, calculated on the basis of appeals by market makers on 90-day tools, made up 15.56% in manats and 16.06% 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.

Latest

Latest