Azerbaijani banks buy over $39M from central bank

Baku, Azerbaijan, Jan. 25

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Central Bank of Azerbaijan (CBA) sold $39.37 million to 19 domestic banks through an auction, the CBA said Jan. 25.

"The CBA put up for sale $200 million, but the total requirements of banks amounted to $39.37 million," the statement said. "The requirements were met by 100 percent."

CBA holds auctions three times a week - on Monday, Wednesday and Friday.