Central Bank sold $59.9 million to banks at a currency auction

12:55 - 2.02.2021

February 2, 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, at today’s currency auction $59.9 million was sold to banks.

"The demand from banks at the currency auction amounted to $59.9 million and was fully met," the CBA said in a statement.

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

 

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