Central Bank sold $69.3 million at a currency auction


April 1, 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, $69.3 million were sold to banks at today’s currency auction.

"The demand from banks at the auction amounted to $69.3 million and was fully met," the CBA said in a statement.

As a result of the auction, the weighted average exchange rate of the manat to the dollar was 1.70 AZN/$1.