Supply exceeded demand at 92% of currency auctions

11:50 - 31.01.2024


January 31, Fineko/abc.az. The supply exceeded demand at 92% of the currency auctions held at the Central Bank of Azerbaijan in 2023, ABC.AZ reports, referring to the CBA.

"The nominal effective exchange rate of the manat increased by 19.3%, which is the main factor that has reducing effect on imported inflation," the CBA said.