Central Bank sold $80.7 million to banks at a currency auction


March 30, Fineko/abc.az.  The Central Bank of Azerbaijan (CBA) held a currency auction with the participation of the State Oil Fund.

The CBA reports that $80.7 million was sold to banks at the currency auction on March 30.

"The demand from banks at the auction amounted to $80.7 million and was fully met," the CBA said in a statement.

At the end of the auction, the weighted average exchange rate of the US dollar was formed at the level of AZN 1.7000.