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Azerbaijani banks buy $24M from central bank Feb. 19

Business Materials 19 February 2016 20:03 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) sold $24 million to 11 domestic banks through the auction Feb. 19, the CBA said Feb. 19.
Azerbaijani banks buy $24M from central bank Feb. 19

Baku, Azerbaijan, Feb. 19
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The Central Bank of Azerbaijan (CBA) sold $24 million to 11 domestic banks through the auction Feb. 19, the CBA said Feb. 19.

"CBA put up for sale $200 million, but the total demand of banks for foreign currency amounted to $23.85 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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