Effective rates of Azerbaijani manat increase

The nominal effective rate of the Azerbaijani manat as of October 1 this year amounted to 77.4 points, Report informs citing the Central Bank of Azerbaijan.

This is similar to the indicator a month earlier, by 1.8 points more compared to the beginning of the year, and by 0.5 points more than in the same period last year.

The real effective exchange rate of the national currency at the end of August was 103.5 points. This is 1.1 points more than in the monthly comparison, 3.2 points more than at the beginning of the year, and 1 point more than a year earlier.