Manat strengthened against euro

Read on the website Vestnik Kavkaza

Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.6362 manats and 1.8239 manats, respectively, on September 6, Trend reports.

According to the currency exchange rate corridor set by the Central Bank of Azerbaijan (CBA), currency exchange offices can’t buy US dollars from population at a rate less than 1.5708 manats per dollar or sell the US dollars at a rate exceeding 1.7016 manats per dollar.

The exchange rates at banks should not be less than 1.751 manats when buying euros from the population and should not exceed 1.8968 manats when selling them.