Exchange rate of dollar slides 0.2% in March

Exchange rate of dollar slides 0.2% in March
# 06 April 2011 09:15 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The exchange rate of national currency on tool USD/AZN_TOD on BICEX has increased on 0.2% in March.

BICEX says, the exchange rate of USD slipped from AZN 0.7927 to AZN 0.7913, during the accounting month. As the result, the average exchange rate of national currency against USD made AZN 0.7925, in March, while this was AZN 0.7941 in February.

Remind that, in total the 14 banks have taken part in the trades of currency section of the BBVB in March, 2011. In accounting month in “Bourse E-System of Trades” (BEST) 34 trading sessions were conducted and 39 transactions were registered. The total volume of trades of currency section in accounting month on USD/AZN has made 90.808 million manats or 114.581 millions in dollar equivalent, down 17.5% compared to February.
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