Central Bank sold $62.3 million to banks at currency auction

12:48 - 17.11.2020

November 17, Fineko/abc.az. The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund.

The CBA reports that $62.3 million was sold to banks at a currency auction on 17 November.

"Demand from banks at the currency auction amounted to $62.3 million and was fully met," the CBA said.

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70.

 

Other news