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Manat rate not to be lower than 1.762 AZN/USD Dec. 23

Business Materials 22 December 2016 12:07 (UTC +04:00)
The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.762 AZN/USD for Dec. 23 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 22 with participation of the country’s state oil fund SOFAZ.
Manat rate not to be lower than 1.762 AZN/USD Dec. 23

Baku, Azerbaijan, Dec. 22

By Azad Hasanli – Trend:

The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.762 AZN/USD for Dec. 23 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 22 with participation of the country’s state oil fund SOFAZ, said the CBA.

The auction started with a price of 1.7575 manats per US dollar, according to the CBA.

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