Azerbaijani Manat Exchange Rates Rise Against Euro and Lira
The Central Bank of Azerbaijan (CBA) has released its exchange rate for July 24. The manat rate rose against the euro, Turkish lira, and Russian ruble, while remaining stable against the US dollar. On this day, the CBA set the following exchange rates: 1 USD - 1.7000 AZN, with no change from the previous day's rate; 1 EUR - 1.9345 AZN, a decrease of 0.47% compared to July 23; and 100 RUB - 2.1711 AZN, down by 0.07%.
The CBA also reported changes in exchange rates for other currencies. For example, the Australian dollar fell by 0.6%, while the Russian ruble decreased by 0.07%. The Turkish lira experienced a decline of 0.28% and the South Korean won increased by 0.09%.
The Central Bank's announcement affects various financial markets in Azerbaijan. It is essential for investors, traders, and businesses to monitor these changes as they can impact economic decisions and investments.