Banks bought $55.1 million at a currency auction

12:38 - 6.07.2021

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

According to the CBA, $55.1 million was sold to banks at today’s auction.

"The demand from banks at the auction amounted to $55.1 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.

 

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