Trading volume in the currency section of the Baku Interbank Currency Exchange (BBVB) in November 2013 was $ 39,960 million, or 31.343 million manat.
This is a 62.8 % increase compared to the previous month and almost half less than in November 2012 .
The average volume of each transaction in e-trading system on USD / AZN reached in the current October $ 2,664 million, the average daily turnover - $ 1,998 million
Just BBVB auction in November 2013 attended seven banks. In the reported month in BEST were 40 trading sessions and recorded 15 transactions.
Exchange currency turnover for the eleven months of this year amounted to the equivalent of 405.165 million manat, which is 40 % less than in the comparable period last year.
Exchange rate of the national currency in the reporting month remained unchanged at 0.7835 for 1 USD. Average rate of the U.S. dollar against the manat in November was 0.7843 AZN for 1 USD. While in October it was equal to 0.7844 AZN.
The monthly average interest rate calculated on the basis of applications of market makers in BakIBOR for 90 days in November 2013 amounted to 10.64 % in manats and 11.02 % in U.S. dollars. BakIBID bet for up to 90 days was 5.08 % per annum in local money and 4.91 % in U.S. dollars. - 15D -
Economics
-
The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
-
The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
-
The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
Leave a review