2024-05-24 03:18:40
The Central Financial institution of Azerbaijan (CBA) held one other foreign money public sale on Could 23, Day.Az reported on Thursday just about the CBA.
CBA knowledge reveals that demand on the public sale amounted to US$69.6 million (a lower of 10.65 p.c or US$8.3 million from the earlier public sale) and was totally glad.
Allow us to word that on the earlier international alternate public sale the demand amounted to $77.9 million.
The weighted common alternate price following the public sale was 1.7 AZN/1 USD.
For the reason that starting of the yr, $2.857 billion have been bought at international alternate auctions. The utmost demand for foreign money was recorded on the public sale held on February 13, 2024 – $151.1 million. In January 2024, $417.1 million was bought at international alternate auctions, in February – $870.6 million, in March – $498.3 million, in April – $623.4 million.
Allow us to recall that in 2023, $3.836 billion was bought at international alternate auctions.
The CBA started conducting foreign money auctions by way of the unilateral sale of foreign money in aggressive circumstances in mid-January 2017.
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