Central Bank sold $62.9 million to banks at a currency auction

13:16 - 13.10.2020

October 13, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) held a currency auction with the participation of the State Oil Fund.

The CBA reported that $62.9 million was sold to banks at today’s currency auction.

"Demand from banks at the currency auction amounted to $62.9 million and was fully met," the CBA said.

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70.