12:36 - 1.10.2024

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

As ABC reports.AZ with reference to the Central Bank, on October 1, at the currency auction, the demand of banks amounted to $73.4 million and was fully secured.

According to the CBA, this is $4.4 million (5.7%) less than at the last auction. At a foreign exchange auction on September 26, the CBA sold $77.8 million to banks.

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.