Demand at currency auction grew by 11.25%

12:56 - 12.04.2022


April 12, 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, $79.1 million was sold at today’s auction ($8 million, or 11.25% more than in the previous auction).

"The demand from banks at the currency auction amounted to $79.1 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.