Manat rate not to be lower than 1.757 AZN/USD Dec. 21

Business 20 December 2016 15:22 (UTC+04:00)

Manat rate not to be lower than 1.757 AZN/USD Dec. 21

Baku, Azerbaijan, Dec. 20

By Azad Hasanli – Trend:

The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.757 AZN/USD for Dec. 21 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 20 with participation of the country’s state oil fund SOFAZ, said the CBA.

The auction started with a price of 1.7525 manats per US dollar, according to the CBA.

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