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Total volume of e-trades ups by 4 percent in Azerbaijan

Business Materials 5 July 2012 13:11 (UTC +04:00)
In total 12 banks have taken part in the trades of currency section of the BBVB in June 2012. In accounting month in "Bourse E-System of Trades" (BEST) 38 trading sessions are conducted and 44 transactions are registered
Total volume of e-trades ups by 4 percent in Azerbaijan

Azerbaijan, Baku, July 5 / Trend /

In total 12 banks have taken part in the trades of currency section of the BBVB in June 2012. In accounting month in "Bourse E-System of Trades" (BEST) 38 trading sessions are conducted and 44 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 79.667 million manat or 101.440 million in dollar equivalent, BBVB said today.

In comparison with indicators of May in accounting month the total volume of trades in currency section has increased on 3.351 million manat or 4 percent.

The average daily turnover in "Bourse E-System of Trades" on USD/AZN reached approximately $ 5.339 million, then that the average volume of each transaction has made $ 2.305 million.

It is necessary to note, that exchange rate of national currency on tool USD/AZN_TOD in accounting month has decreased on 0.03 percent from 0,7848 to 0,7850 for 1 USD. Thus the US dollar average rate in consideration to manat has made in June, 2012 - 0.7854 AZN for 1 USD, against 0.7856 AZN following the May.

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