12:38 - 7.01.2025

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January 7, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has held a currency auction with the participation of the State Oil Fund.

ABC.AZ informs, citing CBA data, that on January 7, banks' demand at the currency auction amounted to $73.5 million and was fully secured.

According to the CBA, this is $500,000 (0.68%) more than at the last auction. On December 26, 2024, the CBA sold $73.0 million to banks at a currency auction.

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