Central Bank sets manat rate for Feb. 29
The official exchange rate of manat, the Azerbaijani national currency, against the US dollar was set at 1.5655 manats for February 29, the Central Bank of Azerbaijan (CBA) reported on February 26.
The average rate of manat was set following the interbank transactions on the Azerbaijani currency market, said the CBA.
The CBA sold $50 million to 24 Azerbaijani banks through the auction on February 26. The CBA holds auctions three times a week - on Monday, Wednesday and Friday.
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