12:40 - 29.08.2023

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August 29, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) with participation of the State Oil Fund has held a currency auction.

The CBA informs that at the currency auction on August 29, the demand of banks amounted to $58.9 million and was fully met.

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

At the foreign exchange auction on August 24, the CBA sold $61.33 million to banks.