12:50 - 8.10.2024

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October 8, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ reports with reference to the CBA that on October 8, at the currency auction, the demand of banks amounted to $73.6 million and was fully secured.

According to the CBA, this is $5.4 million (6.84%) less than at the last auction. At a foreign exchange auction on October 3, the CBA sold $79.0 million to banks.

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