Manat rate not to be lower than 1.7707 AZN/USD Dec. 30

Baku, Azerbaijan, Dec. 29

Trend:

The lowest rate of Azerbaijan’s national currency, manat, against the US dollar was set at 1.7707 AZN/USD for Dec. 30 after a currency auction held by the Central Bank of Azerbaijan (CBA) on Dec. 29 with participation of the country’s state oil fund SOFAZ, said the CBA.

The auction started with a price of 1.7662 manats per US dollar, according to the CBA.