On FX auction

29-03-2022

An FX auction was held at the Central Bank with the participation of the State Oil Fund on 29 March 2022. $105.0 M worth of demand was fully covered at the auction.

Average weighted exchange rate of the manat was 1,7000.

Relative rise in demand at the auction is attributable to accumulated demand, as two scheduled auctions were not held due to holidays.