Central Bank of Azerbaijan Announces Today’s Exchange Rates

Baku: The Central Bank of Azerbaijan has announced today's exchange rates. On December 29, the US dollar exchange rate remained unchanged at 1.7000 manat. The Turkish lira fell to 0.0396 manat, the euro fell to 1.9999 manat, and 100 Russian rubles rose to 2.1972 manat.

According to Azeri-Press News Agency, the exchange rates reflect the current trends in the foreign exchange market. The stability of the US dollar against the manat provides a consistent financial environment for traders and businesses dealing in USD. Meanwhile, the depreciation of the Turkish lira and the euro against the manat could affect import and export dynamics with Turkey and the Eurozone. The increase in the value of 100 Russian rubles to 2.1972 manat may impact transactions involving the Russian currency.