Today.Az » Business » Weekly review of Azerbaijani currency market
07 July 2012 [12:41] - 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 0.7856 manat to 1 U.S. dollar.
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Exchange rate of manat to 1 U.S. dollar:
|
|
June 25
|
0.7857
|
July 2
|
0.7856
|
|
June 26
|
-
|
July 3
|
0.7856
|
|
June 27
|
0.7857
|
July 4
|
0.7856
|
|
June 28
|
0.7856
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July 5
|
0.7856
|
|
June 29
|
0.7856
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July 6
|
0.7856
|
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Average weekly
|
0.78565
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Average weekly
|
0.7856
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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 0.7850 manat to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0)
comprised: July 2- no deals were concluded, therefore, exchange rate
remained at 0.7850 AZN/USD, July 3 - $0.31 million with exchange rate of
0.7850 AZN/USD, July 4-5 - no deals were concluded, therefore, the
exchange rate remained unchanged at 0.7850 AZN/USD, July 6 - $10 million
with exchange rate of 0.7850 AZN/USD.
|
Exchange rate of manat to 1 U.S. dollar:
|
|
June 25
|
0.7850
|
July 2
|
0.7850
|
|
June 26
|
-
|
July 3
|
0.7850
|
|
June 27
|
0.7850
|
July 4
|
0.7850
|
|
June 28
|
0.7850
|
July 5
|
0.7850
|
|
June 29
|
0.7850
|
July 6
|
0.7850
|
|
Average weekly
|
0.7850
|
Average weekly
|
0.7850
|
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.
/Trend/
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