Azerbaijan Manat Holds Steady Against US Dollar Amid Slight Declines Elsewhere

The Azerbaijani manat remained stable against the US dollar this week, Aug. 24-28.

According to Trend calculations based on data from the Central Bank of Azerbaijan (CBA), the weighted average exchange rate for the week stood at 1.7000 manat per $1.

The official exchange rate of the Azerbaijani manat against the euro decreased by 0.0063 manat, while the weighted average rate increased to 1.9822 manat per €1.

In addition, the official exchange rate of the manat against 100 Russian rubles decreased by 0.0795 manat, with the weighted average rate falling to 2.0195 manat per 100 rubles.