12:59 - 7.01.2021
January 7, Fineko/abc.az. The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.
The CBA reports that $70.6 million was sold to banks at the currency auction on 7 January.
"Demand from banks at the auction amounted to $70.6 million and was fully met," the CBA said in a statement.
As a result of the auction, the weighted average exchange rate was AZN 1.70 to the US dollar.
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