Azerbaijan's Ministry of Finance announces exchange rate of manat to dollar for 2021

Azerbaijan
# 03 September 2020 11:04 (UTC +04:00)

Taking into consideration of provision of macro-economic stability and realized economic reforms, delay of dollarization trends and other factor, exchange rate of manat to US dollar has been considered at the level of 1.7, APA reports citing statement of the Ministry of Finance of the Republic of Azerbaijan on primary indicators of state and consolidated budgets for 2021.

Finance Ministry considers that from the regulation of inflation level and stability of currency point of view, realization of macro-economic risks will positively effect people's social welfare in the medium term.

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THE OPERATION IS BEING PERFORMED