18 March 2018

Azerbaijani banks buy $2.4M from SOFAZ

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The State Oil Fund of Azerbaijan (SOFAZ) sold $2.4 million to four local banks through the auction held by the Central Bank of Azerbaijan (CBA), SOFAZ said on April 15.

SOFAZ offered $50 million for sale through the auction.

SOFAZ will continue selling foreign currency through auctions in 2016.

2016.04.15 / 14:07
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