Results of 31 August Exchange’s Trading Session at BBVB Announced
Azerbaijan, Baku / Trend / As a result of trading sessions held at the Baku Interbank Currency Exchange (BBVB) on 31 August, the average sustained exchange rate of USD/AZN totaled AZN 0.8516 to 1 USD.
Deals with USD/AZN T+0 tool made up AZN 59,682. As a result of the session, the AZN rate remained unchanged.
During the noon session at BEST, the deals with USD/AZN T+0 tool were fixed in the amount of AZN 1,788,420. The average sustained rate of the day sessions comprised AZN 0.8516 to $1.
The total amount of both trading sessions on USD made up $ 2,170,000 or AZN 1,848,102. Each deal constituted $434,000.
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 14.93% in manats and 15.12% in dollars a year at the organized inter-bank credit market functioning at BEST system.