AFB Bank, the Azerbaijan-based bank, announces that it is launching live quotations for the Azerbaijani Manat (code AZN) through Reuters’ Trader platform.
The move, a first for the AZN, will give financial institutions and other Reuters’ users accurate and up-to-the-minute data for the AZN against the major currencies and the opportunity to trade the AZN with AFB Bank against the Euro, US dollar, GB Pound, Ruble and Turkish Lira.
It will also show the EUR/USD quotation and the money market borrowing rates for AZN and USD for up to one year.
Emre Timurkan, CEO, AFB Bank, said:
“AFB Bank is the first Azerbaijani bank to launch this kind of service, and is the only bank in the country to quote on a live basis. The launch of this service is indicative of our international focus and customer-oriented business model.”
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