Nominal and real effective rates of Azerbaijani manat increase

The nominal effective exchange rate of the Azerbaijani manat against foreign currencies as of November 1 this year was 104.8 points, Report informs referring to the Central Bank of Azerbaijan.

This is 1.7 points more than the previous month, 9.6 points more than the beginning of the year, and 6.2 points more than the same period last year.

The real effective rate of the manat at the end of October this year amounted to 125.1 points, which is 1.7 points higher than a month earlier, 2.8 points more than the beginning of the year, and 0.2 points less than the previous year.