The Central Bank of Azerbaijan held today another currency auction with the participation of the State Oil Fund (Sofaz), the CBA reports.
According to the regulator, the demand at the auction amounted to 102.5 million dollars and was completely satisfied. The weighted average exchange rate according to the results of the auction was 1,7AZN / 1USD.
To carry out currency auctions through a unilateral sale of currency in competitive conditions, the CBA has started from mid-January 2017