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Azerbaijani banks buy nearly $12M from central bank

Wednesday, February 10
The Central Bank of Azerbaijan (CBA) sold $11.9 million to six domestic banks through the auction Feb. 8, the CBA said on Feb. 8.

CBA put up for sale $200 million, but the total demand of banks for foreign currency amounted to only $11.9 million and it was fully met, the statement said.

CBA holds auctions three times a week; on Monday, Wednesday and Friday. (