Close photo mode

    Azerbaijani banks suspend purchase of dollars

    Price of the dollar fell to 1.63 AZN in black market

    Baku. 8 September. REPORT.AZ/ Some commercial banks operating in Azerbaijan have suspended purchase of US dollars in cash.

    Report informs, because of abundance of dollars banks have given a break to purchase of foreign currency.

    Sale of dollar is carried out at 1,6900-1,7060 AZN/USD rate.

    Notably, price of the dollar fell to 1.63 AZN in black market". The dollar exchange rate expected to decline to the level of 1.60 AZN/USD during holidays.

    Notably, today,the State Oil Fund of Azerbaijan (SOFAZ) and Central Bank of Azerbaijan (CBA) put up for sale 300 million USD and the entire amount was sold.

    Taking into account the current exchange rate of CBA, commercial banks can purchase dollar at a minimum rate of 1.5747 AZN / USD with a margin of +/- 4%.

    If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

    Last added

    At least one category must be selected

    All news

    Orphus sistemi