Bank Of Baku

Exchange rate of dollar slides 0.11% in May

Exchange rate of dollar slides 0.11% in May
# 02 June 2011 09:49 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The exchange rate of national currency on tool USD/AZN_TOD on BICEX has increased on 0.11% in May.

BICEX says, the exchange rate of USD slipped from AZN 0.7900 to AZN 0.7891, during the accounting month. As the result, the average exchange rate of national currency against USD made AZN 0.7900, in May, while this was AZN 0.7907 in April.

Remind that, 33 deals were registered at 40 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) in May, 2011. The total volume of e-trades of currency section in accounting month has made 42.192 mln in manats or 53.407 mln in dollar equivalent, down 3 times compared to April, up 52.6% from a year ago.
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