On Monday the Central Bank kept the dollar at the previous level - 1.7352 AZN. Commercial banks buy dollar in the range of 1.72-1.78 manats, and sell for 1,83-1,85 manat.
The official exchange rate of euro amounted to 1.8425 manat. Commercial banks buy the European currency in the range 1,8057-1,87 AZN and sell for 1,92-1,9715 manats.
In February the dollar has fallen from 1.92 to 1.7352 AZN. Experts point out the speculative nature of the strengthening of manat. -71D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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