Bank Of Baku

Exchange rate of dollar slides 0.3% in December

Exchange rate of dollar slides 0.3% in December
# 10 January 2011 13:31 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The exchange rate of national currency on tool USD/AZN_TOD on BICEX has increased on 0.3% in December.

BICEX says, the exchange rate of USD slipped from AZN 0.7991 to AZN 0.7967, during the accounting month. As the result, the average exchange rate of national currency against USD made AZN 0.7975, in December, while this was AZN 0.7993 in November.

In total the 20 banks have taken part in the trades of currency section of the BBVB in December, 2010. In accounting month in “Bourse E-System of Trades” (BEST) 44 trading sessions are conducted and 56 transactions are registered. The total volume of trades of currency section in accounting month on USD/AZN has made 111.280 million manats or 139.530 millions in dollar equivalent.
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