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Azerbaijani banks buy $34M from central bank Feb. 12

Business Materials 12 February 2016 13:18 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $33.6 million to 10 domestic banks through the auction Feb. 12, the CBA said Feb. 12.
Azerbaijani banks buy $34M from central bank Feb. 12

Baku, Azerbaijan, Feb. 12
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The Central Bank of Azerbaijan (CBA) sold $33.6 million to 10 domestic banks through the auction Feb. 12, the CBA said Feb. 12.

"CBA put up for sale $200 million, but the total demand of banks for foreign currency amounted to only $33.6 million and it was fully met," the statement said."

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

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