Effective exchange rates of Azerbaijani manat up in August

As of September 1 of this year, the nominal effective exchange rate of the Azerbaijani manat compared to foreign currencies was 95.6 points.

Report informs, referring to the Central Bank of Azerbaijan, that this is 1.2 points more than monthly, 10.2 points more than the beginning of the year, and 18.2 points more than the same period last year.

By the end of August this year, the real effective exchange rate of the manat was 119.1 points. This is 1.6 points more than the monthly comparison, 5.5 points more than the beginning of the year, and 16.7 points more than the annual comparison.