Azerbaijani banks lose interest in dollar

Today, the Central Bank of Azerbaijan (TsBA) hosted the next currency auction with the participation of the State Oil Fund.

According to the Central Bank, the demand at the auction amounted to 38.3 million US dollars and was fully provided.

Thus, the demand for the last currency auction compared to the previous auction (took place on August 2, 2022) decreased by 42.5%. At the previous auction, demand amounted to 66.6 million dollars.