Results of 26 February Exchange’s Trading Session at BBVB Announced
Azerbaijan, Baku, 26 February / Trend / As a result of the trading session held at the Baku Interbank Currency Exchange (BBVB) on 26 February, the average sustained exchange rate of USD/AZN totalled AZN 0.8434 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 0.8437 to $1. No deal was concluded on USD/AZN T+0 tool. 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 13,454,025. The average sustained rate of the day sessions comprised AZN 0.8434 to $1.
Therefore, the total amount of both trading sessions on USD made up $15,952,000 or AZN 13,454,025. One deal totalled $2,278,857.
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 BakiBOR index, calculated on the basis of appeals by market makers on 90-day tools made up 15.21% in manats and 15.79% in dollars a year at the organized inter-bank credit market functioning at BEST system.
A deal in the amount of AZN 3,500,000 at 15% interest rate for a 34-day period was concluded at the organized inter-bank credit market functioning at BEST.