Azerbaijan, Baku, Sept. 2 / Trend /
As a result of currency auctions on USD/AZN_TOD in August 2009, Baku inter-bank currency exchange determined 5 banks-leaders of currency stock exchange market. They are ASBBank, XalqBank, Unibank, AmrahBank and Bank of Baku.
A list of banks-leading operators of exchange market of August 2009 is indicated below:
|
BANKS |
% OF TOTAL |
|
ASBBank |
33.14 |
|
XalqBank |
27.30 |
|
Unibank |
10.94 |
|
AmraxBank |
7.51 |
|
Bank of Baku |
7.28 |
*Deals of the Central Bank of Azerbaijan are not indicated in the table.
Roughly 11 banks participated in BBVB auction in August 2009. Roughly 42 trade sessions were conducted in report month in Exchange E-auction system. Roughly 30 deals were registered.
Total volume of currency USD/AZN auction hit 43.887 million manat or $54.586 million in report month.
Total amount of auctions in currency decreased by 3.7 million manat or 7.7 percent in August compared to July.
Average daily turnover of exchange E-system of USD/AZN auction hits $2.599 million. But average amount of each deal hits $1.82 million.
Exchange rate of national currency on USD/AZN_TOD consolidated 0.04 percent from 0.8037 to 0.8034 manat per $1 in report month. Average rate of dollar to manat hit 0.8040 manat per $1 in July compared to 0.8037 manat as a result of July 2009.
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