Central Bank sold $60.3 million to banks at a currency auction

12:54 - 4.02.2021

February 4, Fineko/abc.az.  The Central Bank of Azerbaijan (CBA) has conducted a currency auction with the participation of the State Oil Fund.

According to the CBA, $60.3 million was sold to banks at today’s auction.

"The demand from banks at the auction amounted to $60.3 million and was fully met," the CBA said in a statement.

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

 

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