Effective rates of Azerbaijani manat increase

The nominal effective rate of the Azerbaijani manat as of November 1 this year amounted to 78.6 points, Report informs citing the Central Bank of Azerbaijan.

This is 1.2 points more than a month earlier, by 3 points more compared to the beginning of the year, and by 0.7 points more than in the same period last year.

The real effective exchange rate of the national currency at the end of October was 105.5 points. This is 2.1 points more than in the monthly comparison, 5.2 points more than at the beginning of the year, and 2.4 points more than a year earlier.