Currency sales to Azerbaijani banks decrease by 25%.

In December 2023, the State Oil Fund (SOFAR) sold $149.9 million at currency auctions held by the Central Bank of Azerbaijan (CBA). This is reported by the SOFAR. However, last month, the CBA sold the currency worth $ 453.9 million at auctions. Thus, monthly sales of foreign currency to banks amounted to $ 603.8 million, which is up by 1.3% from December 2022. Recall that in 2023, the volume of sales at currency auctions amounted to $3,878....

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