12:43 - 29.10.2024

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 October 29, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ informs with reference to the CBA that on October 29, at the currency auction, the demand of banks reached $88.4 million and was fully secured.

According to the CBA, the figure is $7.6 million (9.41%) more than at the last auction. On October 24, the CBA sold $80.8 million to banks at a foreign exchange auction.

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