Central Bank sold $102.4 million to banks at a currency auction

12:35 - 21.12.2021

December 21, Fineko/abc.az. The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund.

According to the CBA, $102.4 million was sold at today’s currency auction ($400,000 or 0.39% less than in the previous auction).

"The demand from banks at the auction amounted to $102.4 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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