Baku, Azerbaijan, June 16
Trend:
Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.518 manats for June 17, said Azerbaijan's Central Bank (CBA) June 16.
Thus, manat's rate against the US dollar dropped by 0.2 percent compared to the rate on June 16.
The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 24 banks through an auction held by the CBA.