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Azerbaijan on-floor currency market dropped 10-fold last week

Azerbaijan on-floor currency market dropped 10-fold last week

02 March 2009 12:54 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. The on-floor currency market turnover totaled $20.063 million from Feb. 23 to Feb. 27, down 9.9 times on a weak earlier. Daily turnover was as follows:

The exchange rate of the US dollar remained unchanged at AZN 0.8052.
The official rate of the US dollar stayed steady, â€œwe buyâ€ rate decreased by 0.01% while â€œwe sellâ€ rate fell by 0.25%:

The three-days-running stability of the exchange rate, especially during the world financial crisis is praiseworthy.
The US dollar strengthened 0.5% against the manat and the euro dropped by 7.8% against the manat since January 1. The euro fell by 1.25% against the manat last week.

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