The rate of manat does not change

The Central Bank left unchanged the rate of manat on October 7. According to Turan, on Friday remained  the rate  1USD/1,6036AZN level. Since 6 October the Central Bank conducts currency auctions under the new rules, according to which commercial banks have the right not only to buy, but also to sell the currency. Manat exchange rate depends on the price, which is determined during the last session. On  the days when there is no auction, the rate of manat is based on the average weighted price set by agreements in the interbank foreign exchange market. -71D-

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