12:49 - 30.01.2025

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January 30, 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 data from the Central Bank, that at the January 30 currency auction, banks' demand amounted to $47.4 million and was fully secured.

According to the CBA, this is $12.5 million (20.9%) less than at the last auction. On January 28, the CBA sold $59.9 million to banks at a currency auction.

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

In January 2025, the Central Bank sold $498.8 million at currency auctions, which is 19.6% more than in January 2024.

In 2024, the Central Bank sold $7.169 billion to banks at currency auctions, in January 2024 - $417.1 million, in February – $870.6 million, in March – $498.3 million, in April - $623.4 million, in May - $558.6 million, in June - $581 million, in July - $597.1 million, in August - $649.1 million, in September - $582.87 million, in October - $738.7 million, in November - $487.1 million, in December - $565.2 million.