12:47 - 2.05.2024

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May 2, 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 May 2, the demand of banks amounted to $73.5 million and was fully secured. This is $3.6 million (4.7%) less than at the last auction.

At a foreign exchange auction on April 30, the Central Bank sold $77.1 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.