OREANDA-NEWS. August 26, 2011.   This year’s ninth exchange transaction with single European currency has been concluded today in the course of trading in the currency section of the Baku Interbank Currency Exchange (BBVB). At that the volume of operations has actually risen 10-fold.

BBVB reports that on 26 August following the results of trading in the BBVB currency section a deal for 1 million  euro was concluded. Its rate totaled 1.1365 manats to the euro. The official exchange rate fixed by the Central Bank of Azerbaijan for 26 August 2011 was AZN/EUR 1.1331.

This year’s e first deal with euro was concluded at BBVB on 17 March. Its volume totaled 300,000 euro and rate 1.106 manats to the euro, while official exchange rate was AZN/EUR 1.1046.

As a result, BBVB euro turnover for 2011 still totals 11.11 million euro.