Azerbaijan, Baku, Oct. 12 / Trend , N.Ismayilova/
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, consolidated 0.0002 points or 0.02 percent. The average rate was established at 0. 0.80332 manats to 1 U.S. dollar.
Last week the maximum rate of the US dollar compared to manat was established on Oct. 5 (0. 8035 manats to 1 U.S. dollar) and minimum on Oct. 8 (0.8032 manats to 1 U.S. dollar).
|
Exchange rate of manat to 1 U.S. dollar |
|||
|
Sept. 28 |
0.8035 |
Oct. 5 |
0.8035 |
|
Sept. 29 |
0.8034 |
Oct. 6 |
0.8033 |
|
Sept. 30 |
0.8035 |
Oct. 7 |
0.8033 |
|
Oct. 1 |
0.8034 |
Oct. 8 |
0.8032 |
|
Oct. 2 |
0,8035 |
Oct. 9 |
0.8033 |
|
Average weekly |
0.80346 |
Average weekly |
0.80332 |
As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), dropped by 0.001 points (0.1 percent). The average rate was fixed at 0.80368 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: Oct. 5, $4 million with the average sustained rate of 0. 8033 manats to 1 U.S.dollar, Oct. 6, $0.8 million with the average sustained rate of 0. 8042 manats to 1 U.S. dollar, and Oct. 7, $3.56 million with the average sustained rate of 0. 8034 manats to 1 U.S. dollar, on Oct. 8, $1.3 million with the average sustained rate of 0. 8033 manats to 1 U.S. dollar, and on Oct. 9, $10.645 million with the average sustained rate of 0. 8034 manats to 1 U.S. dollar.
|
Exchange rate of manat to 1 U.S. dollar |
|||
|
Sept. 28 |
0.8042 |
Oct. 5 |
0.8033 |
|
Sept. 29 |
0.8042 |
Oct. 6 |
0.8033 |
|
Sept. 30 |
0.8042 |
Oct. 7 |
0.8034 |
|
Oct. 1 |
0.8029 |
Oct. 8 |
0.8033 |
|
Oct. 2 |
0.8029 |
Oct. 9 |
0.8034 |
|
Average weekly |
0.80368 |
Average weekly |
0.80334 |
No deal was concluded with USD/AZN T+1, T+2 and SWAP_USD/AZN due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN (Ň+1, Ň+2).
Last week the price of the privatization vouchers did not change, so purchase was 8 manats, and sale - 9 manats. Prices remain the same for several months, which is explained by reduction of rates of state property privatization, as the State Property Committee is currently undergoing structural transformation.
The validity period of the vouchers will expire on Jan. 1 2010. So far, around 75 percent of vouchers has been derived, and another extension of their validity period remains uncertain.
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