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Weekly review of Azerbaijani currency market

Business Materials 10 August 2013 13:20 (UTC +04:00)
Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78442 manat to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Azerbaijan, Baku, August 10 /Trend A. Akhundov /

Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78442 manat to 1 U.S. dollar.

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

Aug. 5

0,7845

July 29

0,7843

Aug. 6

0,7844

July 30

0,7845

Aug. 7

0,7844

July 31

0,7845

Aug. 8

0,7844

Aug. 1

0,7845

Aug. 9

0,7844

Aug. 2

0,7845

Average weekly

0,78442

Average weekly

0,78446

As a result of last week's exchange, the stock exchange price of the Azerbaijani manat 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 0.7835 manat to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: August 6 - $5.377 million, August 7 - 0.239 million manats, August 5, 8, 9 - no deals were concluded.

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

Aug. 5

0,7835

July 29

0,7835

Aug. 6

0,7835

July 30

0,7835

Aug. 7

0,7835

July 31

0,7835

Aug. 8

0,7835

Aug. 1

0,7835

Aug. 9

0,7835

Aug. 2

0,7835

Average weekly

0,7835

Average weekly

0,7835

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

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