Bank Of Baku

Azerbaijan continues to keep stability in exchange rate of manat

Azerbaijan continues to keep stability in exchange rate of manat
# 10 April 2013 12:24 (UTC +04:00)

 

According to him, no tension is observed in currency market, but currency sterilization is being carried out to keep the stability.

 

Note that in 2012, the currency sterilization carried out by CBA made $1,584 bln. Consequently, manat strengthened against USD by 0.19%. in the first quarter of 2013, it event dropped 0.1%.

 

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