Baku Interbank Currency Exchange introduces new currency pair products

Baku Interbank Currency Exchange introduces new currency pair products

The Baku Interbank Currency Exchange (BBVB) informs that for the purpose of development of internal market of EURO, since March, 5th of this year, in BEST* the trades with new tools: EUR/USD_TOD, EUR/USD_TOM begin.

Besides it, changes are made to the size of the exchange commission on the currency pair including EURO.

The exchange commission on transactions with the given financial tools will make 0,01 % from a sum of transaction, and the maximum sum of the commission is established at a rate of no more than 300 euros.

 

*BEST – Bourse E-system of Trades. The system constructed on the basis of a principle of universality in rendering of exchange services, represents just  today a modern platform for complex management of currency risks and short-term liquidity of banks. BEST allows the Azerbaijan banks not only to perform operations with foreign currencies, but also to conduct active loans and placings on the organized interbank credit market.