Quoted price of US dollar in Azerbaijan sharply increased
Baku, Fineko/abc.az. Today following trading in the currency section of the Baku Interbank Currency Exchange (BBVB) weighted average stock exchange price of the US dollar to Azerbaijani manat has sharply increased.
BBVB reports that on 14 March 2012 following trading in BBVB currency section US dollar exchange rate rose from USD/AZN 0.7853 on which it kept since 15 February to USD/AZN 0.7858. Today the volume of trading reached $3.05 million.
The historical low dollar rate (USD/AZN 0.7852) was achieved on 6 February 2012. Trading volume was $1.158 million. This year started from quoted price of USD/AZN 0.7857 versus USD/AZN 0.7967 by early 2011.
The official exchange rate for 14 March 2012 was announced by the Central Bank of Azerbaijan at the level of AZN 0.7864 to the US dollar. The past year started from official exchange rate USD/AZN 0.7979 and 2012 from USD/AZN 0.7865.
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