Banks bought a little over $6 million at currency auction

12:53 - 7.09.2023


September 7, 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 foreign exchange auction on September 7, the demand of banks reached $6.1 million and was fully secured.

Following the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

At the currency auction on September 5, the Central Bank sold $41.4 million to banks.