CBA sets manat rate for July 27
The official exchange rate of the Azerbaijani manat against the US dollar was set at 1.5787 manats for July 27, said Azerbaijan’s Central Bank (CBA) July 26.
Thus, the rate of the national currency against the US dollar dropped by almost 0.2 percent compared to the rate on July 26.
The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 27 banks through an auction held by the Central Bank of Azerbaijan (CBA) July 26.
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