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

Business Materials 29 December 2016 16:08 (UTC +04:00)

Baku, Azerbaijan, Dec. 29

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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.

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