Bank Of Baku

Exchange rate of dollar rises by 0.04% in May

Exchange rate of dollar rises by 0.04% in May
# 01 June 2010 12:40 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The exchange rate of national currency on tool USD/AZN_TOD in accounting month has decreased on 0,04% from 0,8034 to 0,8037 for 1 USD. Thus the US dollar average rate in consideration to manat has made in May 0,8036 AZN for 1 USD, against 0,8034 AZN following the April results of current year.

In total 10 banks have taken part in the trades of currency section of the BBVB in May, 2010. In accounting month in “Bourse E-System of Trades” (BEST) 38 trading sessions are conducted and 28 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 27,655 million manats or 34,415 millions in dollar equivalent.
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