Bank Of Baku

Azerbaijan’s on-floor currency market drops fivefold

Azerbaijan’s on-floor currency market drops fivefold
# 03 November 2008 09:19 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The on-floor currency market turnover totaled $14.045 from 27 to 31 October, down 5.3 times on a weak earlier. Daily turnover was as follows:


The exchange rate of the US dollar changed in the range of 0.8010-0.8092 AZN/USD over the week and the dollar fell 0.22%.
The official rate of the US dollar increased by 0.26%, cash buy rate (for some banks) by 0.25% and cash sell rate by 0.23%.





The euro-manat move was reverse last week. The euro dealing turnover was as below:




The euro-dollar move was remarkable on markets around the world.
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