Demand at currency auction grew by 23%

12:38 - 19.09.2024


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

According to the CBA, at the foreign exchange auction on September 19, the demand of banks amounted to $85.0 million and was fully secured. This is $15.82 million (23%) more than at the last auction.

At a foreign exchange auction on September 17, the CBA sold $69.18 million to banks.

According to the results of the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.