20:00 - 12.06.2026

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June 12, Fineko/abc.az. According to the annual report of the Central Bank of Azerbaijan (CBA), favorable external sector performance anchored exchange rate stability, maintaining the official USD/AZN peg at a daily average of 1.7000.

ABC.AZ reports the baseline transactional matrix from the central banking clearing houses:

• Commercial Banking Spreads: Commercial buying and selling indices gravitated tightly around the sovereign benchmark. The banking sector’s average daily buying rate sat at 1.6948 AZN, with the selling rate aligning at 1.7018 AZN per US dollar.

• 98 Foreign Exchange Auctions: The CBA orchestrated 98 high-liquidity FX auctions to execute the fiscal currency conversions of the State Oil Fund (SOFAZ), fully neutralizing domestic demand spikes.

• Cash FX Market Surplus: Cash counters registered a supply surplus, as aggregate institutional cash currency purchases surpassed sales by USD 423 million.