News Column

Weekly review of Azerbaijani currency market

June 7, 2014



Baku, Azerbaijan, June 7

By Emin Aliyev - Trend:

Last week the official rate of the AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78436 AZN to 1 U.S. dollar.



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



May 26



0,7844



June 2



0,7844



May 27



0,7844



June 3



0,7844



May28



-



June 4



0,7844



May29



0,7844



June 5



0,7843



May 30



0,7844



June 6



0,7843



Average weekly



0,7844



Average weekly



0,78436



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 0.7829 AZN to 1 U.S. dollar.



Deal concluded last week at BEST comprised: June 2 - $4.492 million, June 3 - $2.179 million, June 4 -$6.433 million, and June 5 - $0.89 million. No deals were concluded on June 6.



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



May 26



0,7829



June 2



0,7829



May 27



0,7829



June 3



0,7829



May28



-



June 4



0,7829



May29



0,7829



June 5



0,7829



May 30



0,7829



June 6



0,7829



Average weekly



0,7829



Average weekly



0,7829



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.

??????????????? ? ??? ? Twitter @www_Trend_Az


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Trend News Agency (Azerbaijan)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters