Results of 9 June Exchange’s Trading Session at BBVB Announced
Azerbaijan, Baku, 9 June / Trend / As a result of the trading session held at the Baku Interbank Currency Exchange (BBVB) on 9 June, the average sustained exchange rate of USD/AZN totalled AZN 0.8154 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 0.8146 to $1. Deals concluded on USD/AZN T+0 tool totalled AZN 81,690. As a result of the session, the AZN rate remained unchanged - AZN 0.8146 per USD 1.
During the daily session at BEST, the deals with USD/AZN T+0 tool were fixed in the amount of AZN 3,669,380. The average sustained rate of the day sessions comprised AZN 0.8154 to $1.
Therefore, the total amount of both trading sessions on USD made up $4,600,000 or AZN 3,751,070. One deal averaged $1,150,000.
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 15.81% in manats and 16.81% in dollars a year at the organized inter-bank credit market functioning at BEST system.
One deal (AZN 5,000,000 for 15.50% interest rate, 60 days) was concluded at the organized inter-bank credit market functioning at BEST.