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Azerbaijani banks buy over $16M from central bank Feb. 1

Business Materials 1 February 2016 19:47 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $16.67 million to five domestic banks through the auction Feb. 1, the CBA said Feb. 1.
Azerbaijani banks buy over $16M from central bank Feb. 1

Baku, Azerbaijan, Feb. 1

Trend:

The Central Bank of Azerbaijan (CBA) sold $16.67 million to five domestic banks through the auction Feb. 1, the CBA said Feb. 1.

"CBA put up for sale $ 200 million, but the total demand of banks for foreign currency amounted to only $16.67 million and it was fully met," the statement said.

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