Demand at currency auction declined by 24%

12:49 - 19.04.2022

April 19, Fineko/abc.az. The Central Bank of Azerbaijan held a currency auction with the participation of the State Oil Fund.

According to the CBA, $61.7 million was sold at today’s auction ($19.6 million, or 24.11% less than in the previous auction).

"The demand from banks at the auction amounted to $61.7 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.

Other news