Central Bank held a currency auction


July 18, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has conducted another currency auction.

"The auction was organized with the participation of the State Oil Fund (SOFAZ) on 18 July. Following the 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 16 July, the weighted average rate also amounted to AZN 1.70 to the dollar.