Baku, Azerbaijan, Sept. 29
By Azad Hasanli – Trend:
Some $48.9 million were sold to 14 Azerbaijani banks through an auction held by the Central Bank of Azerbaijan (CBA) Sept. 29, CBA said in a message Sept. 29.
As much as $100 million was put up for the auction.
SOFAZ will continue selling foreign currency through auctions in 2016. The foreign currency is sold as part of SOFAZ’s transfers to Azerbaijani state budget, which are envisaged to stand at 7.615 billion Azerbaijani manats in 2016.