Azerbaijan`s Central Bank sold $72.9 million to banks in a currency auction


September 22, Fineko/abc.az. The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund.

The CBA reports that $72.9 million was sold to banks today’s currency auction.

"The demand from banks at the currency auction amounted to $72.9 million and was fully met," the CBA said.

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70.