Central Bank sold $59.3 million to banks in a currency auction

12:47 - 13.08.2020

August 13, 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 13 August.

"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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