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Stock Exchange Rate of Azeri National Currency Consolidated by 4.82%

Business Materials 1 September 2006 17:02 (UTC +04:00)

During August the stock exchange rate of national currency consolidated by 0.68%,Trend reports with reference to Baku Interbank Stock Exchange. Consequently, USD rate fell to 0.8809 AZN from 0.8869 AZN.

As a result average weighted rate of manat to US dollar in August amounted to 0.8858 AZN to 1 USD, while in July it was 0.8906 AZN and in January 0.9156 AZN. In general, during this year stock exchange rate of Azeri national currency consolidated by 4.82% related to US dollar.

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