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150 million USD for sale at today's auction

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150 million USD for sale at today's auction

Today, Azerbaijan will launch the next regular exchange auction.

According to the banking sources, the State Oil Fund of Azerbaijan Republic (SOFAZ) will put up for sale 100 million USD, the Central Bank of Azerbaijan (CBA) - 50 million USD.

Analytical Group of Report News Agency predicts the official exchange rate for September 28 will be 1,6253 AZN/USD.

Yesterday, the Central Bank chairman Elman Rustamov told reporters that the auctions will continue to sale sufficient currency and unfounded rumours about the devaluation will be prevented.

Date
2016.09.27 / 16:15
Author
Axar.az
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Azerbaijan’s strategic currency reserves reach $83.6 billion

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