Central Bank sold $41.9 million to banks

12:41 - 9.03.2021


March 9, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted a currency auction with the participation of the State Oil Fund.

According to the CBA, $41.9 million was sold to banks at today’s currency auction.

"The demand from banks at the auction amounted to $41.9 million and was fully met," the CBA said in a statement.

As a result of the auction, the weighted average exchange rate of the manat to the dollar was 1.70 AZN/$1.

 

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