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Manat’s real effective exchange rate decreased

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Manat’s real effective exchange rate decreased

As of October 1 this year, the nominal effective exchange rate of the Azerbaijani manat against foreign currencies stood at 103.5 points.

Axar.az reports that this information was released by the Central Bank of Azerbaijan.

This is 0.2 points lower compared to the previous month, 1.5 points higher compared to the beginning of the year, and 0.4 points higher than the same period last year.

As of October 1, the real effective exchange rate of the manat was 118.2 points. This represents a decrease of 0.6 points compared to the previous month, a decrease of 3.2 points since the beginning of the year, and a decrease of 5.1 points compared to last year.

Date
2024.11.02 / 15:50
Author
Axar.az
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