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Weekly review of Azerbaijani currency market

Business Materials 12 October 2013 11:08 (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 per cent).
Weekly review of Azerbaijani currency market

Azerbaijan, Baku, Oct. 12 /Trend, I. E.Aliyev /

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 per cent). The average rate was established at 0.7844 manat to 1 U.S. dollar.

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

September 30

0,7845

October 7

0,7844

October 1

0,7845

October 8

0,7844

October 2

0,7845

October 9

-

October 3

0,7845

October 10

0,7844

October 4

0,7845

October 11

0,7843

Average weekly

0,7845

Average weekly

0,78437

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.

No deal was concluded at BEST with transition to currency (T+0).

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

September 30

October 7

0,7835

October 1

October 8

0,7835

October 2

October 9

-

October 3

October 10

0,7835

October 4

October 11

0,7835

Average weekly

Average weekly

0,7835

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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