UP

SOFAZ put up for sale 50 mln USD today

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
SOFAZ put up for sale 50 mln USD today

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

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

On May 3, SOFAZ sold 5.6 mln USD out of 50 mln to 7 commercial banks, 40 mln USD to Central Bank of Azerbaijan (CBA).

At the end of the auction 91.2% of the money supply was sold.

Analytical group of Report predicts that the CBA will continue manat intervention.

Date
2016.05.05 / 12:47
Author
Axar.az
See also

Gold prices rise again globally

Oil prices continue to fall

Azerbaijan forex reserves near $88 billion

Oil prices fall sharply on global markets

Gold edges higher on safe-haven demand

Oil prices surge sharply

Aliyev: Azerbaijan–Italy trade reaches $12 billion

Brent crude rises while light crude falls

Baku, Tashkent eye joint precious metals exploration

OPEC+ announces 188,000 bpd output adjustment

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