Central Bank sold $59.3 million to banks

13:06 - 21.07.2020

July 21, Fineko/abc.az. The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund.

According to the CBA, $59.3 million was sold to banks at the currency auction on 21 July.

"The demand from banks in the currency auction amounted to $59.3 million and was fully secured," the CBA said in a statement.

At the end of the auction the average weighted exchange rate of the manat to the US dollar was AZN 1.70.

 

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