...

Azerbaijani central bank meets half of banks' demand for dollars

Economy Materials 24 February 2016 12:45 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $30 million to 14 domestic banks through the auction Feb. 24
Azerbaijani central bank meets half of banks' demand for dollars

Baku, Azerbaijan, Feb. 24

Trend:

The Central Bank of Azerbaijan (CBA) sold $30 million to 14 domestic banks through the auction Feb. 24, the CBA said.

"CBA put up for sale $30 million, but the total demand of banks for foreign currency amounted to $66.76 million and it was met by 44.9 percent," the statement said.

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

Tags:
Latest

Latest