13:00 - 4.02.2025

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 February 4, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

ABC.AZ reports, citing data from the Central Bank, that at a foreign exchange auction on February 4, banks' demand amounted to $52.9 million and was fully secured.

According to the CBA, this is $5.5 million (11.6%) more than at the last auction. On January 30, the CBA sold $47.4 million to banks at a currency auction.

Following the currency auction, the weighted average exchange rate was 1,7000 AZN/USD.