USD Exceeds AZN 1.80 on Foreign Exchange Auction
On the foreign exchange auction of the Central Bank on Monday the dollar was AZN 1.8045, exceeding the previous rate by 2 gapik.
SOFAZ took part in the auction.
Note that according to the new rules of the auction, commercial banks are not allowed to sell currency.
After the abolition of the 4% margin commercial banks themselves determine the exchange rate for buying and selling.
As of January 16, the banks buy the dollar from the population in the range of 1.78-1.82 and sell it at AZN 1.86-1.89. -71D-