Volume of electronic trading on the currency section of Azerbaijan decreased by 6%

Baku. 5 December. REPORT.AZ/ In total 7 banks have taken part in the trades of currency section on USD / AZN of the BBVB in November 2014. Report informs in accounting month in “Bourse E-System of Trades” (BEST) 38 trading sessions are conducted and 23 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 38,589 mln manats or 49,195 mlns in dollar equivalent.

In comparison with indicators of October in accounting month the total volume of trades in currency section has decreased on 2,409 mln manats or 6%.

The average daily turnover in “Bourse E-System of Trades” on USD/AZN reached approximately 2,589 mln, then that the average volume of each transaction has made 2,139 mln.

Exchange rate of national currency on tool USD/AZN_TOD in accounting month has not changed and made 0,7829 per 1 dollar.Thus the US dollar average rate in consideration to manat has made in November, 2014 - 0,7844 manats per 1 dollar.

The average monthly rate expected on the basis of demands of market-makers banks on the credits of BakIBOR within 90 days on November of 2014 made 9,81% annual in manats and 9,92% annual in US dollars. A rate of BakIBID on manat deposits within 90 days made 4,34% annual and 4,27% in US dollars.