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Weekly review of Azerbaijani currency market

Economy Materials 6 September 2014 14:18 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78436 AZN to 1 U.S. dollar
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Sept. 6.

By Zulfiyya Kurbanova - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78436 AZN to 1 U.S. dollar.

Official rate of AZN to 1 U.S. dollar:

August 25

0,7844

September 1

0,7844

August 26

0,7844

September 2

0,7844

August 27

0,7844

September 3

0,7844

August 28

0,7844

September 4

0,7843

August 29

0,7844

September 5

0,7843

Average weekly

0,7844

Average weekly

0,78436

As a result of last week's exchange, the stock exchange price of the Azerbaijani AZN to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), remained unchanged. The average rate was set at 0.7829 AZN to 1 U.S. dollar.

Deals concluded last week at BEST comprised: September 2 - $5 million. No deals were concluded on September 1,3,4 and 5.

Exchange rate of AZN to 1 U.S. dollar:

August 25

0,7829

September 1

0,7829

August 26

0,7829

September 2

0,7829

August 27

0,7829

September 3

0,7829

August 28

0,7829

September 4

0,7829

August 29

0,7829

September 5

0,7829

Average weekly

0,7829

Average weekly

0,7829

No deal was concluded with USD/AZN T+1 and T+2 due to lack of appeals made by dealers. Appeals on EUR/AZN and RUB/AZN were not made by banks in BEST.

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