Azerbaijan’s Exchange Currency Trading Totaled USD 97.143 mln in May
OREANDA-NEWS. June 04, 2012. The Baku Interbank Stock Exchange (BBVB) has renewed statistics of its operations.
BBVB reports that in May 2012 the 13 participating banks concluded 41 deals in 42 trading sessions in e-trading system (BEST). The total volume of trading in currency auctions for the reported month on USD/AZN totaled AZN 76.316 million or USD 97.143 million.
The volume of trading in the currency section rose this May 1.8 fold or AZN 33.352 million against April 2012.
The average daily turnover in exchange e-trading system on USD/AZN in May reached approximately USD 4.626 million, while the average amount of each transaction reached USD 2.369 million.
Exchange rate of national currency on tool USD/AZN_TOD for the reported month rose by 0.09% - from AZN 0.7855 up to AZN 7848 to the US dollar. At that, weighted average rate of U.S. dollar to manat was AZN 0.7856 to the US dollar in May 2012 against AZN 0.7856 in April 2012.