Banks’ demand at currency auction grew by 7.3%

12:46 - 11.01.2024


January 11, Fineko/abc.az. The Central Bank of Azerbaijan, with the participation of the State Oil Fund, held a currency auction.

According to the CBA, at the currency auction on January 11, the demand of banks amounted to $80.4 million and was fully secured. This is $5.5 million, or 7.34% more than at the last auction. At the currency auction on January 9, the Central Bank sold $74.9 million to banks.

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