CBA sets manat rate for February 8
The official exchange rate of manat, Azerbaijani national currency, against the US dollar was set at 1.5819 manats/$1 for February 8, the Central Bank of Azerbaijan (CBA) reported on February 5.
The average rate of manat was set following the interbank transactions on the Azerbaijani currency market, said the CBA.
Over $18 million, provided by the CBA, were sold to banks through auctions today.
The CBA put up for sale $ 200 million, but the total demand of banks for foreign currency amounted to only $18.37 million and it was fully met.
CBA holds auctions three times a week - on Monday, Wednesday and Friday.
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