Bank Of Baku

Exchange rate of dollar rises by 0.05% in August

Exchange rate of dollar rises by 0.05% in August
# 03 September 2010 14:10 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The exchange rate of national currency on tool USD/AZN_TOD on BICEX has decreased on 0,05% in August.

BICEX says, the exchange rate of USD rose from AZN 0.8035 to AZN 0.8039, during the accounting month. At the result, the average exchange rate of national currency against USD made AZN 0.8036, in August, while this was AZN 0.8026 in July.

In total the 13 banks have taken part in the trades of currency section of the BBVB in August, 2010. In accounting month in “Bourse E-System of Trades” (BEST) 44 trading sessions are conducted and 35 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 48.424 million manats or 60.186 millions in dollar equivalent.
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