Azerbaijani Economy 13 july — 13:36

Dollar strengthened in relation to manat

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As a result of the currency auction, the average rate of the Azerbaijani manat to the US dollar today was 1.7022 manat per 1 USD, informs the Central Bank of Azerbaijan.

At the previous currency auction on July 11, the weighted average rate was 1.702 manat per 1 USD.

Since January 12, 2017, the CBA began to apply a new mechanism of currency auctions. The auctions take the form of a one-way sale of currency in competitive conditions. Orders are provided from the upper price to the lower price.

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