21.03.2008, 18:53
Lack of AZN Causes USD Decrease
OREANDA-NEWS. March 21, 2008. The AZN revaluation accelerated in March. The rate was AZN 0.8377 per USD (-0.67% against -0.24% in I-II, 2008). The cash exchange rate also decreased sharply. The banks buy USD at AZN 0.832 and sell them at AZN 0.838. The Baku currency dealers explain this with the lack of AZN liquidity that occurred due to the March holidays. The EUR rate increased against AZN in March. It was AZN 1.322 per EUR on March 17 (+3.66% against the early March index).
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