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Manat rate not to be lower than 1.757 AZN/USD Dec. 21

Business Materials 20 December 2016 15:22 (UTC +04:00)
The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.757 AZN/USD for Dec. 21 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 20 with participation of the country’s state oil fund SOFAZ.
Manat rate not to be lower than 1.757 AZN/USD Dec. 21

Baku, Azerbaijan, Dec. 20

By Azad Hasanli – Trend:

The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.757 AZN/USD for Dec. 21 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 20 with participation of the country’s state oil fund SOFAZ, said the CBA.

The auction started with a price of 1.7525 manats per US dollar, according to the CBA.

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