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Results of 3 September Exchange’s Trading Session at BBVB Announced

Business Materials 4 September 2007 11:35 (UTC +04:00)

Azerbaijan, Baku / Trend / As a result of trading sessions held at the Baku Interbank Currency Exchange (BBVB) on 3 September, the average sustained exchange rate of USD/AZN totaled AZN 0.8516 to 1 USD.

No deals with USD/AZN T+0 tool. 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 not fixed. The AZN rate remained unchanged.

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 14.75% in manats and 15.25% in dollars a year at the organized inter-bank credit market functioning at BEST system.

The bank did not conclude deals with loan tools at exchange.

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