Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Baku Interbank Currency Exchange Total Volume Of Currency 335,025 Million Manats In February 2009

Date 06/03/2009

The total of trades of currency section of BBVB took part 26 banks in trades on February 2009. In accounting month in “Bourse E-System of Trades” (BEST) 40 trading sessions are conducted and 151 transactions are registered. The total volume of trades of Currency section has made 414,908 millions in dollar equivalent in accounting month on USD/AZN. And also the turnover on tool Swap_USD/AZN_TOD_1 Month has made 57,4 millions in dollar equivalent. We notice, that the average rate of dollar to manat on this tool has made 0,8085 manats. The turnover on tool EUR/AZN has made 0,362 million manats. In comparison with indicators of January in accounting month the total volume of trades in currency section was 12,8 times more. So, the average daily turnover in “Bourse E-System of Trades” on USD/AZN reached approximately $ 20,7 millions, then that the average volume of each transaction has made $ 2,748 millions.

It is necessary to note, that exchange rate of national currency on tool USD/AZN_TOD strengthened on 0,06% from the beginning of the month, moreover the average rate of USA dollar to manat has made 0,8063 AZN for 1 USD on February, against 0,8037 AZN on results of January of this year.