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Azerbaijan’s Central Bank sets Aug. 26 manat rate

Business Materials 25 August 2016 17:47 (UTC +04:00)

Baku, Azerbaijan, Aug. 25

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Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.6280 manats for Aug. 26, said Azerbaijan’s Central Bank (CBA) Aug. 25.

The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 28 banks through an auction held by the CBA Aug. 25.

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