12:53 - 26.11.2024

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November 26, 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 data that on November 26, at the currency auction, the demand of banks reached $73.30 million and was fully secured.

According to the CBA, this is $1.3 million (1.74%) less than at the last auction. At a foreign exchange auction on November 21, the CBA sold $74.60 million to banks.

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