Banks increased demand by 2.25% at currency auction

14:47 - 30.04.2024


April 30, 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 foreign exchange auction on April 30, the demand of banks amounted to $77.1 million and was fully secured. This is $1.7 million (2.25%) more than at the last auction.

At a foreign exchange auction on April 25, the CBA sold $75.4 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.