Baku/23.09.2016/Turan: The Central Bank of the country declared the rate of manat for September 23, which slightly strengthened against the dollar, reaching 1USD/1,6292. On 22 September 1 dollar was worth 1.63 manat.
It should be noted that over the past two weeks, the Central Bank and the State Oil Fund implemented several major interventions in the foreign exchange market, as a result of which the dollar deficit has been eliminated, and the banks have resumed selling the US currency, due to which its rate dropped slightly.
However, experts believe that in November and December will increase pressure on manat. This is the period of execution of external liabilities of companies and commercial banks, which will lead to a demand for the dollar. -71D-
Economics
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