OREANDA-NEWS. May 30, 2011. Rise of turnover at the Bank Interbank Currency Exchange (BBVB) has resumed. This week it increased 2.53 fold.

For 23-27 May 2011 turnover of the BBVB Bourse E-system of Trades (BEST) totaled USD 24.2 million on spot operations in US dollars against USD 9.546 million a week earlier and USD 108,76 (record of weekly turnover this year) on 18-22 April. The best trade week of 2010 was registered for 29 November – 3 December (USD 80.88 million) and for the entire history for 16-19 March 2009 (USD 276.588 million).

This May BEST turnover on spot-deals still makes USD 53.45 million versus USD 157.3 million in April (still this year’s best indicator), USD 114.58 million in March, USD 138.58 million in February (this year’s still best index), USD 78.88 million in January, USD 139.5 million in December 2010, USD 165.79 million in November (the best indicator for 2010), USD 711.456 million in March (a monthly turnover record for the Exchange’s whole history), USD 439.087 million in June 2008 (earlier best turnover for BEST entire history), the 2007 record of USD 310.3 million in July, BBVB 2006  turnover record of USD 434.432 million in December 2006, the 2005 record of USD 108.781 million in September, the 2004 record of USD 97.59 million in March, the 2003 record of USD 100.428 million in December.

The 2011 spot transaction turnover on US dollar still makes USD 542.839 million versus USD 883.569 million in 2010, USD 2.009 bn in 2009, USD 2.46 bn in 2008 (record over all history of the exchange), USD 1.75 bn in 2007, USD 1.9 bn in 2006, the 2005 turnover of USD 813.284 million, the 2004 turnover record of USD 910.97 million and the 2003 turnover of USD 438.9 million. Turnover on SWAP-deals for 2011 is still lacking and for 2010 it totaled USD 34 million against their turnover of USD 260.4 million in 2009 when the best index a month was registered in April (USD 67.4 million).

During the finished workweek of 2011 the following deals with valuation of currencies on the same day were concluded in BEST (T+0): on 23 May turnover totaled USD 830,000 (rate: AZN 0.79 to the US dollar), on 24 May USD 6.3 million (rate: AZN 0.7886 to the US dollar); on 25 May USD 6.699 million (rate AZN 0.7884) ; on 26 May USD 7.526 million (rate: AZN 0.7884 to the US dollar),  on 27 May USD 2.869 million (rate: AZN 0.7891 to the US dollar). Turnover for 22 April (USD 76.4 million) became the best in 2011.

Turnover for 30 November (USD 55.8 million) was the best indicator per trading day in 2010 and turnover for 5 June 2008 (USD 143.749 million) is the best for entire history of BEST system and turnover of exchange per trading day, but on 13 March BEST spot turnover (USD 134.353 million) and swap-deals (USD 24 million) made USD 158.353 million – a new absolute record. Best spot-turnover for a week was registered on 2-6 June 2008 - USD 282.974 million. Best spot–turnover in 2009 per day was registered on 17 March - USD 121.799 million.