TENDER AT BICEX

03.12.2003 [20:21]
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Weighted average exchange prices made up 4918,06 manat for 1 US dollar in Baku Interbank Currency Exchange on December 3.

In the morning, the volume of deals closed by two banks was 850 thousand dollars. The new session opening exchange rate was 4918 manat for 1 US dollar and remained unchanged. The demand and supply totaled USD 850 thousand.

According the results of the voice trading, the price for American currency appeared in the banks proposals in the electronic system of trades BEST was limited by 4918,17 manat for 1 US dollar. On USD/AZM T+0 instrument in BEST, the volume of 755 thousand dollars was fixed, which in manat equivalent turned up 3 billion 713 million manat. One deal averaged 107 857 dollars.

In the inter-bank credit market functioning in the framework of BEST, the banks have applied for placing manat credits to total amount of 6 billion 117 million manat

No deals on credit instrument between the banks were closed on December 3.

TENDER AT BICEX

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