Central Bank held next currency auction


July 16, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has organized another currency auction.

"The CBA conducted the auction with the participation of the State Oil Fund on 16 July. Following the results of the currency auction, the weighted average rate was formed at the level of AZN 1.70 to the US dollar," the CBA reported.

At the previous currency auction on 11 July, the weighted average rate also amounted to AZN 1.70 to the dollar.