Demand for dollar rises in currency auction

Finance
  • 19 May, 2020
  • 09:20
Demand for dollar rises 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 $ 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.