The volume of trading in the currency section of Baku Interbank Currency Exchange (BBVB) in June 2012 totaled $ 101.440 million and 79.667 million manat.
This is a 4.4% increase compared to the previous month and by 10.9% compared to June 2011.
The average amount of each transaction in the exchange electronic trading system on USD / AZN was $ 2.305 million, and the average daily turnover was $ 5.339 million
Total trading in the currency section of BBVB in June 2012 was attended by 12 banks. In the reported month 44 transactions were conducted at BEST in 38 trading sessions.
Currency-exchange turnover for the half year amounted to the equivalent of 384.54 million manat, which is 25% less than for the comparable period last year.
Exchange rate of national currency in the reported month fell by 0.03% - from 0.7848 to 0.7850 for 1 USD. The average rate of U.S. dollar compared to manat was 0.7854 AZN for 1 USD, while in May it was equal to 0.7856 AZN. - 15B -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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