15:57 - 13.11.2023

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November 13, Fineko/abc.az. The supply exceeded the demand at 99 of the currency auctions held by the Central Bank for 10 months of this year.

ABC.AZ reports that CBA chairman Taleh Kazimov said this during the discussion of the Draft Law on State Budget 2024 at today's Milli Majlis meeting.

He noted that Central Bank's reserves increased by $1.248 million: "The CBA has carried out purchasing interventions in the market in order to ensure the stability of the exchange rate in the foreign exchange market. Thanks to this, the reserves of the CBA increased by $1.248 billion."