Central Bank has not changed the dollar on February 13, leaving it at the level 1.7301 manats.
Meanwhile, commercial banks bought today the dollar in the range of 1,61-1,67 manat, and sold for AZN 1,7350-1,8390.
At the official exchange rate of the euro at 1.8445 AZN banks buy it from the population in the range of 1,73-1,77 manat, and sell for 1.85-1.97 manats.
Over the past 10 days the dollar rate to manat has fallen sharply, by 19 kopecks - from 1.92 manat to 2 February 1.7301 AZN 9 February.
Experts talk about the speculative nature of the strengthening of manat and state that strengthening the national currency has no economic justification. -71D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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