On-floor currency market turnover declines in Azerbaijan last week

On-floor currency market turnover declines in Azerbaijan last week
# 29 December 2008 13:04 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The on-floor currency market turnover totaled $5.779 million from December 22 to 26, down 13.5% on a weak earlier. Daily turnover was as follows:
The exchange rate of the US dollar changed in the range of 0.8015-0.8022AZN/USD over the week and the dollar increased 0.09% against the manat.
The official rate of the US dollar decreased by 0.11%, “we buy” rate 0.1% and “we sell” rate by 0.11% over the week.


As shown in the diagram, the market remained steady last week. The official rate of the 15-nation currency held stable trend throughout the week.

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THE OPERATION IS BEING PERFORMED