CBA stops publishing official exchange rate for Iranian rial

Starting today, the Central Bank of Azerbaijan (CBA) has stopped publishing the official exchange rate of the Iranian rial against the Azerbaijani manat, Report informs, citing the bank.

According to the CBA, the decision was made due to the unavailability of data from traditional reference sources and the limited reliability of alternative sources. The bank noted that, for similar reasons, most other foreign central banks have also ceased publishing official exchange rates for the Iranian rial.