14:12 - 19.11.2024

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November 19, 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 19, at the currency auction, the demand of banks amounted to $73.00 million and was fully secured.

According to the CBA, this is $33.3 million (83.9%) more than at the last auction. At a foreign exchange auction on November 14, the CBA sold $39.7 million to banks.

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