Baku, Finance Time. In total 5 banks have taken part in the trades of currency section of the BBVB in February 2014. In accounting month in “Bourse E-System of Trades” (BEST) 40 trading sessions are conducted and 9 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 21,130 million AZN or 26,938 millions in dollar equivalent.
In comparison with indicators of January in accounting month the total volume of trades in currency section has decreased on 0,220 million AZN.
The average daily turnover in “Bourse E-System of Trades” on USD/AZN reached approximately $ 1,347 mln., then that the average volume of each transaction has made $ 2,993 mln..
It is necessary to note, that exchange rate of national currency on tool USD/AZN_TOD in accounting month has made 0,7830 for 1 USD. Thus the US dollar average rate in consideration to manat has made in February, 2013 - 0,7844 AZN for 1 USD.
The average monthly rate expected on the basis of demands of market-makers banks on the credits of BakIBOR within 90 days on February of 2014
made 10,21% annual in manats and 10,52 annual in dollars of the USA. A rate of BakIBID on manat deposits within 90 days made 5,18% annual and
5,04% in US dollars.