Demand for dollar rises 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 $ 55.5 million, which is $0.8 million or 1.46% more compared to May 14.

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

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