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Azerbaijani banks buy over $30M from central bank

Business Materials 3 February 2016 20:04 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $31 million to three domestic banks through the auction Feb. 3, the CBA said Feb. 3.
Azerbaijani banks buy over $30M from central bank

Baku, Azerbaijan, Feb. 3
By Azad Hasanli - Trend:

The Central Bank of Azerbaijan (CBA) sold $31 million to three domestic banks through the auction Feb. 3, the CBA said Feb. 3.

"CBA put up for sale $ 200 million, but the total demand of banks for foreign currency amounted to only $31 million and it was fully met," the statement said.

There are 37 banks in Azerbaijan.

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