Banks acquired $67 million at a currency auction

12:40 - 30.09.2021

September 30, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held a currency auction with the participation of the State Oil Fund.

According to the CBA, $67 million was sold to banks at today auction ($10.4 million or 18.37% more compared with the previous auction).

"The demand from banks at the auction amounted to $67 million and was fully secured," 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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