TURNOVER OF BEST SUMS UP $0.4BN 2005
The turnover of BEST electron trading exchange of the Baku Interbank Currency Exchange (BBVB) on USD summed up $12,011m last week. The turnover at BICEX in July was equal to $23,981m, or 41.049% of the turnover fixed in June 2005 ($58,421m, and 24.57% of the 2004 record ($97,59m), as well as 23,89% of 2003 record ($100,428m).
The turnover of 2005 on USD (($419,657m) comprise 46,067% of the record figure achieved in 2004 ($910,973m) and 96,883% of the turnover of 2003 ($433,157m).
On 11 June a T+1 deal on USD for $0,883 rubles with average exchange rate of 4700 USD/AzM was concluded.
On 12 July the turnover comprised $0,725m with the 4698 AzM/USD, 13 June - $0,453m with the average exchange rate of 4695.58 AzM/USD, on 14 July - $0,46m with the average exchange rate of 4697,24 AzM/USD, on 15 July - $9,49m with the average exchange rate of 4697.53 AzM/USD,
On 15 July a T+1 deal at BEST with euro on RUR/AzM instrument with exchange rate of 5678.8 EUR/AzM comprised 0,045m euro.
No deal with RUR was held.