Central Bank has sold $57.1 million to banks at a currency auction

13:03 - 9.02.2021

February 9, 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 auction the CBA sold $57.1 million to banks.

"The demand from banks at the currency auction amounted to $57.1 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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