Central Bank sold $74.3 million at a currency auction


April 6, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held a currency auction with the participation of the State Oil Fund.

The CBA informs that $74.3 million was sold to banks at today’s currency auction.

"The demand from banks at the amounted to $74.3 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 was formed at the level of 1.7000 AZN/USD.