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CBA expanding international cooperation on information, cyber security

The Central Bank of Azerbaijan (CBA) is expanding international cooperation in the field of information and cyber security, the CBA told Trend.

According to the bank, work continues studying international experience in the field of information and cyber security, as well as the application of solutions based on technologies of other central banks in the banking sector of Azerbaijan.

“Within the framework of international cooperation, the CBA has established contacts with the central banks of Turkey, Russia, Singapore, Poland, Germany, UK and several other developed countries. Besides, we cooperate with international organizations specializing in cyber-security. Work on expanding the contacts will be continued,” the bank said.

In order to ensure information security in Azerbaijan, the ‘Procedure for managing information security in banks’ has been developed. The document establishing the minimum requirements in the field of information security in the country’s banks, taking into account the requirements of ISO/ IEC 2700X standards of the International Organization for Standardization, was approved by the decision of the Board of the Central Bank and included into the State Register of Legal Acts of Azerbaijan.

Source: TREND News Agency

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Iranian currency rates for September 2

The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on September 2, Trend reports referring to CBI.

According to the currency exchange rate of the Central Bank of Iran, 25 currencies have increased and 8 have decreased compared to September 1.

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 49,776 rials.

Currency Iranian rial on Sept.2 Iranian rial on Sept.1

1 US dollar USD 42,000 42,000

1 British pound GBP 57,920 57,736

1 Swiss franc CHF 45,932 45,838

1 Swedish krona SEK 4,883 4,865

1 Norwegian krone NOK 4,837 4,830

1 Danish krone DKK 6,694 6,664

1 Indian rupee INR 576 576

1 UAE dirham AED 11,437 11,437

1 Kuwaiti dinar KWD 139,699 139,680

100 Pakistani rupees PKR 25,152 25,169

100 Japanese yens JPY 38,173 38,163

1 Hong Kong dollar HKD 5,402 5,400

1 Omani rial OMR 109,235 109,254

1 Canadian dollar CAD 33,291 33,254

1 New Zealand dollar NZD 29,687 29,571

1 South African rand ZAR 2,919 2,896

1 Turkish lira TRY 5,052 5,048

1 Russian ruble RUB 576 574

1 Qatari riyal QAR 11,539 11,539

100 Iraq dinars IQD 2,879 2,878

1 Syrian pound SYP 34 34

1 Australian dollar AUD 30,948 30,688

1 Saudi riyal SAR 11,201 11,201

1 Bahraini dinar BHD 111,704 111,704

1 Singapore dollar SGD 31,262 31,211

100 Bangladeshi takas BDT 49,292 49,284

10 Sri Lankan rupees LKR 2,106 2,108

1 Myanmar kyat MMK 26 26

100 Nepalese rupees NPR 35,805 35,804

1 Libyan dinar LYD 9,294 9,296

1 Chinese yuan CNY 6,503 6,501

100 Thai baths THB 130,021 130,159

1 Malaysian ringgit MYR 10,112 10,103

1,000 South Korean wons KRW 36,324 36,254

1 Jordanian dinar JOD 59,239 59,239

1 euro EUR 49,776 49,554

100 Kazakh tenge KZT 9,854 9,851

1 Georgian lari GEL 13,506 13,506

1,000 Indonesian rupiahs IDR 2,946 2,947

1 Afghan afghani AFN 526 526

1 Belarus ruble BYN 16,735 16,799

1 Azerbaijani manat AZN 24,721 24,721

100 Philippine pesos PHP 84,097 84,640

1 Tajik somoni TJS 3,697 3,687

1 Turkmen manat TMT 11,988 11,989

In Iran, the official exchange rate is used for the import of some essential products.

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 310,661 rials, and the price of $1 is 262,132 rials.

NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from export.

The price of 1 euro in this system is 272,245 rials, and the price of $1 is 229,717 rials.

In the black market, $1 is worth about 264,000-267,000 rials, while 1 euro is worth about 310,000-313,000 rials.

Source: TREND News Agency