On the foreign exchange auction of the Central Bank of Azerbaijan on Thursday the dollar rose from 1.7296 to 1.7351 manat. The auction was attended by SOFAZ.
Note that this is the first rise in price of USD to AZN in February.
Even before the start of the auction on February 16 commercial banks slightly increased the buying and selling rates of the dollar and the euro.
Today, the dollar buying rates at commercial banks ranged from 1.72 to 1.75 manat per dollar. The selling rate started from 1.80 manat.
In the last three days the rate of purchase and sale of EUR has also grown significantly.
Recall that in the first half of February the manat strengthened against the dollar by 19 kopecks or 10%, which has been called by experts "currency speculation" at the bank level. -71D-
Economics
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