14:48 - 12.03.2024

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March 12, Fineko/abc.az. The Central Bank of Azerbaijan, with the participation of the State Oil Fund, has held a currency auction.

According to the CBA, at the foreign exchange auction on March 12, the demand of banks amounted to $79.4 million and was fully secured. This is $300 thousand (3.8%) more than at the last auction.

At a foreign exchange auction on March 7, the CBA sold $79.1 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.