12:46 - 25.02.2025
February 25, Fineko/abc.az. The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, has held a currency auction.
ABC.AZ reports, with reference to the Central Bank, that at the foreign exchange auction on February 25, banks' demand amounted to $52.4 million and was fully secured.
This is $13.4 million (34.4%) more than at the last auction. On February 20, the Central Bank sold $39 million worth of currencies at a currency auction.
According to the results of the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.
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