Demand for currency declined by 0.4%

12:47 - 22.02.2022

February 22, Fineko/abc.az. The Central Bank of Azerbaijan held a currency auction with the participation of the State Oil Fund.

According to the CBA, $48.3 million was sold at today’s auction ($200,000, or 0.41% less than in the previous auction).

"The demand from banks at the currency auction amounted to $48.3 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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