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Azerbaijan’s Central Bank sets manat rate for March 3

Business Materials 2 March 2016 17:35 (UTC +04:00)
Official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.5843 manats for March 3, said the Central Bank of Azerbaijan (CBA) March 2.
Azerbaijan’s Central Bank sets manat rate for March 3

Baku, Azerbaijan, March 2
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Official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.5843 manats for March 3, said the Central Bank of Azerbaijan (CBA) March 2.

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

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) sold $100 million to 23 local banks through the auction held by Azerbaijan's Central Bank (CBA) March 2.

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