Banks acquired $61.5 million at a currency auction

12:50 - 26.09.2023

September 26, Fineko/ The Central Bank of Azerbaijan has held a currency auction with participation of the State Oil Fund.

According to the CBA, at the currency auction on September 26, the demand of banks amounted to $61.5 million and was fully secured.

Following the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

At the currency auction on September 21, the Central Bank sold $45.5 million to banks.

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