Bank Of Baku

Azeri manat rebounds to two-month low against euro

Azeri manat rebounds to two-month low against euro
# 19 March 2009 14:15 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. According to the National Bank of Azerbaijan, the official exchange rate of the euro stood at 1.0797 manats on March 19, close to the exchange rate on January 12.
The euro started to drop from January 12 to almost parity with manat and rose to the same level today.
Interestingly, the US dollar exchange rate reached 0.8026 manats which was also seen on January 12.

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