Demand for dollar decreases in deposit auction

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.