BAKU, Azerbaijan, March 9. The Central Bank of Azerbaijan held a regular foreign exchange auction involving the State Oil Fund of Azerbaijan (SOFAZ), Trend reports via the Central Bank.
According to the bank, the demand at the auction amounted to $17.6 million and was fully satisfied.
The average weighted exchange rate of the Azerbaijani manat to the US dollar amounted to 1.7 AZN/1 USD based on the auction results.
During the previous auction, the demand amounted to $44.8 million.
