Demand for dollar decreases in currency auction

Finance
  • 07 May, 2020
  • 09:37
Demand for dollar decreases in currency auction
Report

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 $ 56.5 million, which is $6.4 million or 10.2% less than May 5.

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