TODAY.AZ / Business

Weekly review of Azerbaijani currency market

25 March 2014 [12:44] - TODAY.AZ

Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7843 manat to 1 U.S. dollar.

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

March 10

0,7844

March 17

0,7843

March 11

0,7844

March 18

0,7843

March 12

0,7844

March 19

0,7843

March 13

0,7844

March 20

-

March 14

0,7843

March 21

-

Average weekly

0,78438

Average weekly

0,7843

As a result of last week's exchange, the stock exchange price of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX) remained unchanged. The average rate was set at 0.7830 manat to 1 U.S. dollar.

Deal concluded last week at BEST comprised: March 17 - $3.375 million, March 18 - $4.204 million and March 19 -$ 1.426 million. No deals were concluded on remaining days. In connection with Novruz holiday, no deal will be concluded from 20 to 26 March.

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

March 10

0,7830

March 17

0,7830

March 11

0,7830

March 18

0,7830

March 12

0,7830

March 19

0,7830

March 13

0,7830

March 20

0,7830

March 14

0,7830

March 21

0,7830

Average weekly

0,7830

Average weekly

0,7830

No deal was concluded with USD/AZN T+1 and T+2 due to lack of appeals made by dealers. Appeals on EUR/AZN and RUB/AZN were not made by banks in BEST.


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URL: http://www.today.az/news/business/132038.html

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