Azerbaijan’s Central Bank sets manat rate for March 1

Economy Materials 29 February 2016 18:11 (UTC +04:00)

Baku, Azerbaijan, Feb. 29


Official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.5687 manats for March 1, said the Central Bank of Azerbaijan (CBA) Feb. 29.

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

The CBA sold $60 million to 23 Azerbaijani banks through the auction Feb. 29.