Banks' demand at currency auction grew by 3%

12:48 - 6.02.2025


February 6, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, has held a currency auction.

ABC.AZ reports, with reference to the Central Bank, that at the currency auction on February 6, the demand of banks amounted to $54.5 million and was fully secured.

This is $1.6 million (3%) more than at the last auction. On February 4, the Central Bank sold $52.9 million worth of currencies at a currency auction.

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