Demand for dollar decreases in deposit auction

Kanan Sadigov
Post's 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.

Report informs citing the Bank that the demand at the auction was AZN 38.8 million, which is AZN 14.2 million or 26.8% less than April 16.

The average weighted interest rate of manat is 1.7000 AZN/USD.

Latest news

Lufthansa airlines extend suspension of Mideast flights 19 September, 2024 / 21:02
MFA: Hearing held in US Congress is aimed at deteriorating Azerbaijan-US relations 19 September, 2024 / 21:02
Hezbollah leader says attack on devices crossed 'red line' 19 September, 2024 / 20:43
First Vice-President Mehriban Aliyeva makes post on Uzeyir Hajibayli’s house museum in Shusha 19 September, 2024 / 20:30
President Ilham Aliyev inspects progress at Aghdam Industrial Park and attends inauguration of new plants 19 September, 2024 / 20:22
Putin says Russia is ramping up drone production tenfold 19 September, 2024 / 20:07
Mukhtar Babayev meets with UNHCR’s special advisor on climate action 19 September, 2024 / 19:51
Azerbaijan, Japan mull bilateral cooperation issues 19 September, 2024 / 19:37
Azerbaijani chief of general staff meets with Italian defense minister 19 September, 2024 / 19:26
Germany provides Ukraine with new military aid package 19 September, 2024 / 18:51
Kazakhstan and Georgia discuss Middle Corridor development 19 September, 2024 / 18:30
Latvian company hails Azerbaijan’s railway potential 19 September, 2024 / 18:13
Double standards: EU turns blind eye to sharp increase in flow of goods from Armenia to Russia 19 September, 2024 / 17:57
Azerbaijani team crowned champions at Teknofest Festival in Ankara 19 September, 2024 / 17:45
Lebanon health minister says death toll in Hezbollah walkie-talkie blasts at 25 19 September, 2024 / 17:34