Demand for dollar decline in CBA’s auction

Kanan Sadigov
Author

The Central Bank of Azerbaijan (CBA) has held a currency auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ), Report informs citing CBA.

According to the bank, compared to April 2, 2020, the demand for the US dollar has decreased by $7.4 million or 9.9% to $67.2 million.

The average-weighted exchange rate of the manat was AZN/USD 1.7000.

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