The Central Bank of Azerbaijan called fake the letter spread on its behalf the day before on its refusal of the AZN regulatory principles on the basis of the foreign exchange rate and precious metals in the bank.
"A letter has circulated in social networks, allegedly directed by the Central Bank to commercial banks of the country on a new course of the manat to the US dollar since March 18, 2016," CBA said. It notified that "the letter is forged and distributed for the purpose of misleading the society. The relative rate of the manat to the US dollar is determined based on supply and demand in the currency market in accordance with the policy of managed floating exchange rate announced by the Central Bank."
The letter to commercial banks previously circulated in social networks on behalf of the deputy chairman of CBA A. Babayev also said that since March 18, the manat rate is set at a ratio of $ 1 = 1.2833 manat. -0-
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