12:42 - 16.07.2024

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July 16, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

According to the CBA, at the currency auction on July 16, the demand of banks amounted to $ 60.2 million and was fully secured. This is $29.6 million (96.73%) more than at the last auction.

At a foreign exchange auction on July 11, the CBA sold $30.6 million to banks.

According to the results of the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.