Azerbaijan, Baku / Trend / As a result of trading sessions held at the Baku Interbank Currency Exchange (BBVB) on 7 September, the average sustained exchange rate of USD/AZN totaled AZN 0.8520 to 1 USD.
The opening rate at the Electronic Exchange Trading System (BEST) was AZN 0,8523 per USD 1. No deals with USD/AZN T+0 tool was concluded. 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 5,393,586. The average sustained rate of the day sessions comprised AZN 0.8520 to $1.
The total amount of both trading sessions on USD made up $6,330,000 or AZN 5,393,586. Each deal constituted $703,333.
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 14.58% in manats and 15.25% in dollars a year at the organized inter-bank credit market functioning at BEST system
No deal was concluded among banks on credit tools.