Friday, September 16, 2022
HomeEuropean NewsCentral Financial institution of Azerbaijan holds common international trade public sale

Central Financial institution of Azerbaijan holds common international trade public sale



BAKU, Azerbaijan, September 15. The Central
Financial institution of Azerbaijan (CBA) has held an everyday foreign money public sale
involving the State Oil Fund of Azerbaijan (SOFAZ), Pattern stories referring to the CBA.

In line with the financial institution, the demand of native banks for international
foreign money amounted to $38.6 million and was absolutely happy.

The typical weighted trade fee of the Azerbaijani manat to
the US greenback amounted to 1.7 AZN/1 USD based mostly on the outcomes of the
public sale.

The Central Financial institution has begun to conduct international trade auctions
via a one-way sale of foreign money in a aggressive surroundings
since mid-January 2017.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments