Azerbaijan, Baku, Feb. 3 / Trend /
On results of trades in currency section on tool USD/AZN_TOD Baku Interbank Currency Exchange (Baki Banklararasi Valyuta Birjasi - BBVB) defined five banks - leading operators of exchange market of hard currency on January 2011.
The International Bank of Azerbaijan (IBA) has headed five bank-leaders of exchange currency market in accordance with shares of transactions concluded by it. AGBank, Yapi Kredi Bank Azerbaijan and Bank Respublika also included in the number of the leading dealers of organized currency market
In accordance with it below is the list of banks - the leading operators of exchange market of hard currency in January 2011:
|
Banks |
FROM TOTAL VOLUME, (%) |
|
IBA |
40.69% |
|
ASB |
13.98% |
|
AGBank |
3.36% |
|
Yapi Kredi Bank Azerbaijan |
3.17% |
|
Bank Respublika |
1.27% |
The figures do not include transactions of the Central Bank of Azerbaijan.
In total 9 banks have taken part in the trades of currency section of the BBVB in January 2011. In accounting month in "Bourse E-System of Trades" (BEST) 36 trading sessions are conducted and 20 transactions are registered.
The total volume of trades of currency section in accounting month on USD/AZN has made 62.796 million manats or $78.880 million.
In comparison with indicators of December 2010 in accounting month the total volume of trades in currency section has decreased on $48.5 million or 44 percent.
The average daily turnover in "Bourse E-System of Trades" on USD/AZN reached approximately $ 4.382 millions, then that the average volume of each transaction has made $3.944 millions.
The exchange rate of national currency on tool USD/AZN_TOD in accounting month has increased on 0.2 percent from 0.7967 to 0.7952 for $1. Thus the US dollar average rate in consideration to manat has made in January 0.7961 manat for $1, compared to 0.7975 manat following the December resuts.