12:44 - 4.05.2023

---

May 4, 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 May 4, the demand of banks amounted to $30.6 million and was fully secured. This is $17.1 million or 35.85% 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 currency auction on May 2, the Central Bank sold $47.7 million to banks.