12:48 - 17.10.2024

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October 17, 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 17, at the currency auction, the demand of banks reached $65.9 million and was fully secured.

According to the CBA, this is $16.8 million (20.3%) less than at the last auction. At a foreign exchange auction on October 15, the CBA sold $82.7 million to banks.

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