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Azerbaijani banks buy nearly $12M from central bank Feb. 8

Economy Materials 8 February 2016 12:43 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $11.9 million to six domestic banks through the auction Feb. 8
Azerbaijani banks buy nearly $12M from central bank Feb. 8

Baku, Azerbaijan, Feb. 8
Trend:

The Central Bank of Azerbaijan (CBA) sold $11.9 million to six domestic banks through the auction Feb. 8, the CBA said Feb. 8.

"CBA put up for sale $200 million, but the total demand of banks for foreign currency amounted to only $11.9 million and it was fully met," the statement said.

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

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