13:02 - 11.03.2022

---

March 11, Fineko/abc.az. The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.

According to the CBA, $54.6 million was sold at today’s auction ($39.7 million, or 3.7-fold more than in the previous auction).

"The demand from banks at the auction amounted to $54.6 million and was fully secured," the CBA said in a statement.

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.