USD and EUR Become More Expensive Even without Auction

On the morning of November 4 commercial banks increased the purchase and sale rate for the dollar and the euro, compared to 3 November, though there was no foreign exchange auction today. Thus, the highest USD rate is in Amrahbank: purchase - 1.702 manat, and sale - 1.722 manat. The euro rate is: purchase - 1.189 manat, and sale - 1.1914 manat.

Note that last 24 hours a number of commercial banks have twice increased the dollar and the euro against the manat.

But the purchase rate for the Russian ruble decreased due to the fall in oil prices. -02B-

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