14:18 - 12.12.2024

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December 12, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ reports with reference to the CBA data that on December 12, at the currency auction, the demand of banks amounted to $70 million and was fully secured.

According to the CBA, this is $4.7 million (7.2%) more than at the last auction. At a foreign exchange auction on December 10, the CBA sold $65.3 million to banks.

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