12:36 - 3.12.2024

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December 3, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ reports with reference to the CBA data that on December 3, at the currency auction, the demand of banks amounted to $71.8 million and was fully secured.

According to the CBA, this is $8.3 million (10.4%) less than at the last auction. On November 28, the Central Bank sold $80.1 million to banks at a foreign exchange auction.

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.