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Azerbaijan’s Central Bank sets manat rate for March 28

Business Materials 18 March 2016 17:49 (UTC +04:00)
Official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.5876 manats for March 28, said the Central Bank of Azerbaijan (CBA) March 18.
Azerbaijan’s Central Bank sets manat rate for March 28

Baku, Azerbaijan, March 18
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Official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.5876 manats for March 28, said the Central Bank of Azerbaijan (CBA) March 18.

The average rate of manat was set following the interbank transactions on the Azerbaijani currency market, said the CBA.

The State Oil Fund of Azerbaijan (SOFAZ) sold $34.3 million to two banks on March 16 during the auction held by the Central Bank.

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