Elman Rustamov: CBA acquired $245 million at auctions

15:01 - 28.01.2022

January 28, Fineko/abc.az. Today, the Central Bank held a meeting on making changes to interest rates.

ABC.AZ informs that at the meeting CBA’s chairman Elman Rustamov answered a range of questions. The country's chief banker said that supply exceeded demand in 70% of currency auctions held in 2021.

Rustamov added that the Central Bank intervened in the foreign exchange market regarding the purchase of $245 million.