12:43 - 4.06.2024

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June 4, 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 June 4, the demand of banks amounted to $72.8 million and was fully secured. This is $37.7 million (34.12%) less than at the last auction.

At a foreign exchange auction on May 30, the Central Bank sold $110.5 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.