Demand for dollar increases 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 $ 59.1 million, which is $20.3 million or 52.3% more than April 21.

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

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