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Azerbaijan,United States : AZERBAIJAN'S trading on US dollar totals $32.610 in MAY

June 7, 2014

The Baku Interbank Currency Exchange has renewed statistics of its operations. The 7 participant banks concluded 24 deals in 40 trade sessions in BBVB Bourse E-System of Trades (BEST). In May the total volume of trading in currency section on USD/AZN made AZN 25.572 million or $32.610 million.

The volume of trading in the currency section, compared to April, reduced by 9%, or AZN 2.529 million. Average daily turnover in e-trading system on USD/AZN was about $1.631 million, while the average amount of each transaction was $1.359 million.

Turnover on EUR/AZN tool over the reported month amounted to AZN 116,910. Weighted average euro rate to manat on this tool reached 1.0825 manat.

The trading at the OICM (Organized Interbank Credit Market) within the framework of BEST was not held. The same as in February 2014, the only deal (for AZN 2 million) was concluded, which increased OICM to AZN 4 million.

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Source: TendersInfo (India)

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