CBA discloses foreign currency auction results
By Trend
The Central Bank of Azerbaijan (CBA) held a foreign currency auction with the participation of the State Oil Fund (SOFAZ) on November 25, Trend reports via the CBA.
According to the CBA, the demand of local banks for the foreign currency amounted to $105.5 million and was fully met.
At the end of the auction, the weighted average rate of the manat to the US dollar amounted to 1.7 AZN/USD.
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