Azerbaijan, Baku, 31 March / Trend / As a result of the trading session held at the Baku Interbank Currency Exchange (BBVB) on 31 March, the average sustained exchange rate of USD/AZN totalled AZN 0.8302 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 0.8364 to $1. The amount of the deals concluded on USD/AZN T+0 tool comprised AZN 36,611. As a result of the session, the AZN rate rose by 0.0064 points and comprised AZN 0.83 per USD 1.
During the daily session at BEST, the deals with USD/AZN T+0 tool were fixed in the amount of AZN 5,778,213. The average sustained rate of the day sessions comprised AZN 0.8314 to $1.
Therefore, the total amount of both trading sessions on USD made up $51,060,000 or AZN 42,389,912. One deal averaged $2,687,368.
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 15.50% in manats and 16.21% in dollars a year at the organized inter-bank credit market functioning at BEST system.
The deals concluded at the organized inter-bank credit market functioning at BEST comprised AZN 8,500,000 with 8.50% and 16% interest rate and USD 2,000,000 with 15% interest rate.