Nominal and real effective exchange rates of Azerbaijani manat grow

As at the end of March 2019, nominal effective exchange rate (NEER) of Azerbaijani manat against foreign currencies made up 72.4 points, 0.4 point higher than in February, 0.2 point less than in early 2019 and 8 points more than in the previous year, Report informs citing the Central Bank of Azerbaijan (CBA).

As of April 1, 2019, the real effective exchange rate (REER) of manat was 99.4 points, up 0.3 point from a month earlier, down 0.1 point in comparison to early 2019 and up 3 points compared to 2018.