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Deal registered on Baku Interbank Currency Exchange

Business Materials 23 September 2010 18:08 (UTC +04:00)
A transaction volume worth 1 million manat was registered on the Baku Interbank Currency Exchange in exchange electronic trading system (BEST) in the segment "Guaranteed Money Market" organized by the interbank loan market, the report said.
Deal registered on Baku Interbank Currency Exchange

Azerbaijan, Baku, September 23 / Trend /

A transaction volume worth 1 million manat was registered on the Baku Interbank Currency Exchange in exchange electronic trading system (BEST) in the segment "Guaranteed Money Market" organized by the interbank loan market, the report said.

A borrowing period is five days. A transaction volume amounted to 1 million manat by 1.5 percent per annum.

Guaranteed Money Market (GDR) is a segment of the interbank loan market. The maximal term of the loan is not more than 30 days.

On September 23, the official exchange rate is 0.803 manat to $1.

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