At today's currency auction the Central Bank has allocated 30 million dollars. However, the request of 14 banks, the auction participants, totaled 66.760 million US dollars. For this reason, it satisfied only 44.9% of all the applications for the purchase of dollars. This is stated in the report of the Central Bank of Azerbaijan.
On all the previous auctions the Central Bank put up for sale 200 million dollars, of which commercial banks purchased about a half.
Why Central Bank has sharply reduced the sale of foreign currency is not reported. -16D-
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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