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Weekly review of Azerbaijani currency market

Business Materials 16 August 2014 15:03 (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)
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Aug. 16

By Ilaha Mammadli - 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 0.78428 AZN to 1 U.S. dollar.

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

August 4

0,7843

August 11

0,7843

August 5

0,7843

August 12

0,7843

August 6

0,7843

August 13

0,7843

August 7

0,7843

August 14

0,7843

August 8

0,7843

August 15

0,7842

Average weekly

0,7843

Average weekly

0,78428

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: August 12 - $82.000, August 14 - $5,629 million. No deals were concluded on August 11,13 and 15.

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

August 4

0,7829

August 11

0,7829

August 5

0,7829

August 12

0,7829

August 6

0,7829

August 13

0,7829

August 7

0,7829

August 14

0,7829

August 8

0,7829

August 15

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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