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
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