Demand for dollar drops more than 24% in currency 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.

Report informs, citing the Bank, that the demand at the auction was $ 30.9million, down $9.8 million or 24.1% from June 11.

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

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