Azerbaijan’s Central Bank sets manat rate for March 10

10:00 | 10.03.2016
Azerbaijan’s Central Bank sets manat rate for March 10

Azerbaijan’s Central Bank sets manat rate for March 10

Official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.6315 manats for March 10, said the Central Bank of Azerbaijan (CBA) March 9.

The average rate of manat was set following the interbank transactions on the Azerbaijani currency market, said the CBA.

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) sold $50 million to 24 local banks through the auction held by CBA March 9.

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