What happens in the foreign exchange market?

The Central Bank of Azerbaijan (CBA) today for the first time since the middle of last year acquired at auction US dollars. According to the CBA, the CBA today bought at auction 400 thousand dollars. The CBA noted that in the last days  supply exceeded demand, and the rate of national currency has become much stronger against the dollar. However, most commercial banks did not sell  dollar today. This gives reason to the observer to believe that the strengthening of manat is temporary and in the coming days, the national manat will weaken against dollar.-06D--

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