TODAY.AZ / Business

Weekly review of Azerbaijani currency market

24 September 2012 [19:27] - TODAY.AZ

Last week the official rate of the manat to the US dollar, set by the Central Bank of Azerbaijan (CBA) remained unchanged. The average rate was established at 0.7853 manat to 1 U.S. dollar.

Exchange rate of manat to 1 U.S. dollar:

Sept.10

0.7852

Sept.17

0.7853

Sept.11

0.7852

Sept.18

0.7853

Sept.12

0.7852

Sept.19

0.7853

Sept.13

0.7852

Sept.20

0.7853

Sept.14

0.7853

Sept.21

0.7853

Average weekly

0.78522

Average weekly

0.7853

As a result of last week's exchange, the rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), did not change. The average rate was set at 0.7846 manat to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: Sept 17 and Sept.19 no deals were concluded, so the exchange rate remained at 0.7846 AZN/USD, Sept.18 the deals were concluded in the amount of $3.298 million with exchange rate at 0.7846 AZN/USD, Sept.20 - $0.4 million with exchange rate of 0.7846 AZN/USD and Sept.21 - $3.357 million with exchange rate of 0.7846 AZN/USD

Exchange rate of manat to 1 U.S. dollar:

Sept.10

0.7846

Sept. 17

0.7846

Sept.11

0.7846

Sept.18

0.7846

Sept.12

0.7846

Sept.19

0.7846

Sept.13

0.7846

Sept.20

0.7846

Sept.14

0.7846

Sept.21

0.7846

Average weekly

0.7846

Average weekly

0.7846

No deal was concluded with USD/AZN T+1 and T+2 due to few appeals made by dealers. On appeals on RUB/AZN and EUR/AZN, appeals were not made.



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URL: http://www.today.az/news/business/112822.html

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