Nominal effective rate of Azerbaijani manat increases

As of April 1, the nominal effective exchange rate of the Azerbaijani manat was 93.2 points against foreign currencies.

Report informs, citing the Central Bank of Azerbaijan, that this is 6.8 points more than a month earlier, 7.8 points more than early 2022 and 17.3 points more than the same period last year.

At the end of March this year, the real effective exchange rate of the manat was 119.5 points, 6.2 points higher than a month ago, 5.9 points more than early 2022 and 17.3 points more than a year ago.