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

  • 13:14 03 September 2020

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

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, ONA 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.

Ramiz Mikayıloğlu

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