12:51 - 21.02.2023

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February 21, Fineko/abc.az. The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.

According to the CBA, at the currency auction on February 21, the demand of banks amounted to $49.3 million and was fully secured. This is $1.5 million (3%) less than at the last auction.

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

At a foreign exchange auction on 16 February, the CBA sold $50.8 million to banks.