Volume of currency transactions outside of auction in interbank foreign exchange market reaches $812M

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# 13:09
7 November 2017

Central Bank of Azerbaijan (CBA) held 72 currency auctions for organization of SOFAZ’s currency sale in January-September 2017.

 

According to CBA’s Monetary Policy Review for January-September 2017, SOFAZ’s foreign currency sale amounted to $2,486,000,000, down 37.3% from previous year.

 

At the same time, volume of currency transactions outside of auction in interbank foreign exchange market reaches $811.7M. 

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THE OPERATION IS BEING PERFORMED