According to the Central Bank of Azerbaijan, the dollar-to-manat rate remained unchanged at 1.7 manats.
As reported by FinFly Currency, the euro rose by 0.1% to 1.9633 manats, while the rate for 100 Russian rubles fell by 0.04% to 2.1023 manats.
Economy
Azerbaijan Central Bank Exchange Rates for August 6
The Central Bank of Azerbaijan kept the dollar rate at 1.7 manats, the euro rose by 0.1%, and the ruble fell by 0.04%.
AI brief
The story in one minute
AI will summarize what happened, why it matters and what it means for business.
Context
What happened before
Generated by AI. Please check key details when accuracy matters.
-
The Central Bank of Azerbaijan set the dollar rate at 1.7 manats
-
The euro rose by 0.1% to 1.9633 manats
-
The rate for 100 Russian rubles fell by 0.04% to 2.1023 manats
FinFly Explains
Understand the context
What economic sanctions are
How restrictions against countries, companies, banks and sectors affect trade, payments, oil, technology and business risk. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
What sanctions compliance meansHow banks and companies check counterparties, payments, cargo and supply chains to avoid breaching restrictions. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
What secondary sanctions areWhy restrictions can affect not only direct targets, but also companies, banks and intermediaries from third countries. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
InfoBank
Need a quick financial check?
Ask the bot about exchange rates, loans, deposits and payments in Telegram.
Open InfoBank
Follow us on Telegram
Loading next story...