At Central Bank's currency auction, demand decreased by 5%

12:49 - 26.12.2024


December 26, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ informs, citing CBA data, on December 26, banks' demand at the currency auction amounted to $73 million and was fully secured.

According to the CBA, this is $3.8 million (5%) less than at the last auction. On December 24, the CBA sold $76.8 million to banks at a currency auction.

According to the results of the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.