Recent Examples of manat from the Web
The Azeri government has spent 9.93 billion manat ($5.9 billion) on buying the bank’s toxic assets, while also placing more than $1.3 billion on deposit to provide liquidity.
Another 4 billion manat in bad assets will be transferred to the state if the restructuring plan is approved.
Creditors are also complaining about the exclusion from the restructuring list of about 500 million manat ($297 million) of subordinated debt owed to the Central Bank of Azerbaijan.
The government has so far spent 9.93 billion manat ($5.9 billion) on buying the bank’s toxic assets, while also placing more than $1.3 billion on deposit to provide liquidity.
Before the bonds were sold to the pension fund, IBA reported a negative liquidity gap of 875 million manat for the first half of 2014, which equaled more than $1 billion at the time.
The country’s currency, the manat, dropped about one-third in value against the dollar in December.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'manat.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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