13.07.2016 - Azeri Central Bank Resumes Currency Sales to Meet Dollar Demand
The Azeri central bank resumed foreign-currency sales for the first time in more than four months to ease pressure on the national currency amid rising demand for dollars. The regulator offered $100 million in an auction Tuesday, meeting half the demand by 29 lenders, the central bank said in an e-mailed statement. Another $100 million was provided by the sovereign wealth fund known as Sofaz...............................................Full Article: Source
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