12:40 - 24.05.2022
May 24, Fineko/abc.az. The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund (SOFAZ).
According to the CBA, $29.1 million was sold at today’s auction ($20.1 million or 40.85% less than in the previous auction).
"The demand from banks at the auction amounted to $29.1 million and was fully secured," the CBA said in a statement.
As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.
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