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SOFAZ sells $50 million

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SOFAZ sells $50 million

The State Oil Fund of Azerbaijan (SOFAZ) has taken part in today’s foreign exchange auction of the Central Bank as a seller.

SOFAZ said it has sold $50 million through the auction today.

"24 banks were among the buyers," the Fund said.

At the previous auction on 7 March SOFAZ sold $49.7 million to 29 banks through auction. The Fund promises to continue selling foreign currency through the CBA auctions.
Date
2016.03.09 / 13:51
Author
Axar.az
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