Azerbaijan, Baku / Trend / As a result of trading sessions held at the Baku Interbank Currency Exchange (BBVB) on 18 July, the average sustained exchange rate of USD/AZN totaled AZN 0.8527 to 1 USD
The rate of USD/AZN at the opening of the morning session at the Bourse E-system of trades-BEST was AZN 0.8532 to $1. Deals on USD/AZN T+0 tool amounted to AZN 529 214. As a result of the session, the AZN rate decreased by 0.0001 point and totaled AZN 0.8533 to 1 USD.
During the day session at BEST, the deals with USD/AZN T+0 tool were fixed in the amount of AZN 5,457,280. The average sustained rate of the day sessions comprised AZN 0.8527 to $1.
Therefore, the total amount of both trading sessions on USD made up $ 7,020,000 or AZN 5,986,494. Each deal constituted $1,404,000.
Due to the absence of demand for dealers, no deal was concluded on USD/AZN T+1, T+2 and SWAP_USD/AZN tools. The banks did not place appeals on EUR/AZN and RUB/AZN tools at BEST.
BakiBOR index, calculated on the basis of appeals by market makers on 90-day tools made up 15.32% in manats and 15.16% in dollars a year at the organized inter-bank credit market functioning at BEST system.
No deals were concluded at the organized inter-bank credit market functioning at BEST.