Bank Of Baku

Exchange rate of dollar slides 0.2% in April

Exchange rate of dollar slides 0.2% in April
# 03 May 2011 10:33 (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 April.

BICEX says, the exchange rate of USD slipped from AZN 0.7913 to AZN 0.7900, during the accounting month. As the result, the average exchange rate of national currency against USD made AZN 0.7907, in April, while this was AZN 0.7925 in March.

Remind that, in total the 13 banks have taken part in the trades of currency section of the BBVB in April, 2011. In accounting month in “Bourse E-System of Trades” (BEST) 42 trading sessions were conducted and 44 transactions were registered. The total volume of trades of currency section in accounting month on USD/AZN has made 124.408 million manats or 157.342 millions in dollar equivalent, up 27% compared to March.
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