Banks bought $30.6 million at a currency auction


June 10, 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 it was sold $30.6 million to banks.

"The demand from banks at the auction amounted to $30.6 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 was formed at the level of 1.7000 AZN/USD.