The dollar rate on the foreign exchange auction increased
In the foreign exchange auction of the Central Bank of Azerbaijan, the dollar rate rose from 1.9165 manat to 1.92 manat. According to Turan, the auction was also attended by State Oil Fund of Azerbaijan.
However, due to non-transparent information policy of the Central Bank is not possible to know the amount of offers and demand at the auction.
It is predicted that the commercial banks also raise the rate of purchase and install a dollar for the level of 1,92-1,93 manat, and sale - 1,98-1,99 manat.
On January 31 the official euro exchange rate is 2.0500 manat.
European banks buy currency to 2, 01-2, 03 AZN, and sell for 2.10 - 2.12 manat. -71D-
Economics
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