15:15 - 5.11.2024

---

November 5, 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 November 5, at the currency auction, the demand of banks amounted to $69.3 million and was fully secured.

According to the CBA, this is $3.3 million (5%) more than at the last auction. On October 31, the CBA sold $66.0 million to banks at a foreign exchange auction.

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