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Manat rate not to be lower than 1.7525 AZN/USD Dec. 16

Business Materials 15 December 2016 13:41 (UTC +04:00)
The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.7525 AZN/USD for Dec. 16 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 15 with participation of the country’s state oil fund SOFAZ.
Manat rate not to be lower than 1.7525 AZN/USD Dec. 16

Baku, Azerbaijan, Dec. 15

By Azad Hasanli – Trend:

The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.7525 AZN/USD for Dec. 16 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 15 with participation of the country’s state oil fund SOFAZ, said the CBA.

The auction started with a price of 1.7475 manats per US dollar, according to the CBA.

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