Demand for dollar drops nearly 14% in currency 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 $ 44.7 million, which is $7.2 million or 13.9% less compared to June 2.

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