Axar.az
UP
14 December 2017


SOFAZ will put up for sale 50 mln

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Sale of currency will be carried out again in today's currency auction of the Central Bank of Azerbaijan (CBA).

The auction plans to sell assets of the State Oil Fund (SOFAZ) in the amount of 50 mln. USD.

Analytical Group of Report News Agency states that demand may reduce at today's auction. In this case, the rate may drop to 1,5178 AZN/USD. The maximum rate is forecasted at the level of 1,5258 AZN/ SD.

Increased sales in the cash market may lead to a decrease in the sales rate.

Experts point out that in general there is a tendency to reduce the rate of purchase and sale of cash dollar amid rising oil prices and by the summer the dollar is projected to increase in supply, which will reduce the rate to 1,40-1,45 AZN/USD.

Date
2016.04.15 / 12:14
Author
Axar.az
Comments
loading...
See also

Bulgaria reportedly owns enough Bitcoin to pay off

Bitcoin 'will burst when there is no new money to feed it'

Bitcoin loses 5th of its value bounces back in 24 hours

Millions 'stolen' in NiceHash Bitcoin heist

Bitcoin soars by $4,000 in one day to $18,000

Bitcoin surpasses $15,000-mark!

Bitcoin climbs to $12,000

Bitcoin reportedly reaches nearly $12,000

Pensions to be increased in January in Azerbaijan

Bitcoin clears $10,000

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla