Azerbaijan, Baku, Nov. 9 / Trend , N.Ismayilova/
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, consolidated 0.0003 points or 0.03 percent. The average rate was established at 0. 0.80326 manats to 1 U.S. dollar.
Last week the maximum rate of the US dollar compared to manat was established on Nov. 4 (0. 8034 manats to 1 U.S. dollar) and minimum on Nov. 6 (0.8031 manats to 1 U.S. dollar).
Exchange rate of manat to 1 U.S. dollar
Oct. 26
0.8031
Nov. 2
0.8033
Oct. 27
0.8032
Nov. 3
0.8033
Oct. 28
0.8033
Nov. 4
0.8034
Oct. 29
0.8034
Nov. 5
0.8032
Oct. 30
0.8032
Nov. 6
0.8031
Average weekly
0.80324
Average weekly
0.80326
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), consolidated by 0.0002 points (0.02 percent). The average rate was fixed at 0.8034 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: Nov. 2, $0.615 million with the average sustained rate of 0. 8033 manats to 1 U.S. dollar, Nov. 3, $7.69 million with the average sustained rate of 0.8034 manats to 1 U.S. dollar, and Nov. 4, $6.15 million with the average sustained rate of 0. 8035 manats to 1 U.S. dollar, on Nov. 5, $3.425 million with the average sustained rate of 0. 8033 manats to 1 U.S. dollar, and on Nov. 6, $9.12 million with the average sustained rate of 0. 8032 manats to 1 U.S. dollar.
Exchange rate of manat to 1 U.S. dollar
Oct. 26
0.8033
Nov. 2
0.8033
Oct. 27
0.8030
Nov. 3
0.8034
Oct. 28
0.8034
Nov. 4
0.8035
Oct. 29
0.8035
Nov. 5
0.8033
Oct. 30
0.8033
Nov. 6
0.8032
Average weekly
0.8033
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 remained the same, purchase was 8 manats, and sale - 9 manats. Price rise in vouchers is explained by activation of rates of state property privatization through investment competitions. Earlier, the prices were low, as the State Property Committee currently underwent 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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