BAKU, Azerbaijan, April 18. The Central Financial institution of
Azerbaijan (CBA) held one other forex public sale on April 18,
Development reviews.
The CBA knowledge reveals that the demand on the public sale amounted to
$79.8 million (a rise of 10.22 % or $7.4 million
in comparison with the earlier public sale) and was absolutely happy.
In the meantime, on the earlier forex public sale, the demand amounted
to $72.4 million.
The weighted common trade fee on the finish of the public sale
amounted to 1.7 AZN/1 USD.
Because the starting of the yr, $2.1 billion has been bought
at forex auctions. The utmost demand for forex was recorded
on the public sale held on February 13, 2024 – $151.1 million. Round
$417.1 million have been bought at forex auctions in January 2024,
$870.6 million in February, and $498.3 million in March.
To notice, $3.8 billion was bought at forex auctions in
2023.
The CBA began conducting forex auctions by unilaterally
promoting overseas forex below aggressive situations in
mid-January 2017.
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