Demand for dollar rises 14% in currency auction

Finance
  • 14 May, 2020
  • 09:55
Demand for dollar rises 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 $ 54.7 million, which is $6.8 million or 14.2% more than May 12.

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

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