12:47 - 1.02.2024

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February 1, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

According to the CBA, at the currency auction on February 1, the demand of banks amounted to $78.7 million and was fully secured. This is $14.5 million or 22.6% more than at the last auction.

At a foreign exchange auction on January 30, the CBA sold $64.2 million to banks.

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