UP

SOFAZ will put up for sale 50 million USD

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
SOFAZ will put up for sale 50 million USD

Today, the State Oil Fund of Azerbaijan Republic (SOFAZ) will put up for sale in the foreign exchange auction 50 million USD.

On May 10, at the currency auction 27.8 million USD of SOFAZ's total 50 mln. amount was sold to 12 commercial banks, 20 million USD to the Central Bank of Azerbaijan (CBA). The total amount of sales amounted to 47.8 million USD. At the end of the auction, 95.6% of the amount has been sold.

Analytical Group of Report News Agency predicts that the Central Bank will continue manat intervention at today's auction.

Date
2016.05.12 / 13:21
Author
Axar.az
See also

Oil prices rise on global markets

Oil prices decline on global markets

Oil prices move in mixed directions

Oil prices continue to climb

Oil prices rise on global markets

Oil prices fall again on global markets

Oil prices rise on global markets

Azerbaijan to send fuel shipment to Armenia

Oil prices plunge on global markets

Gold falls below $4,000 as dollar strengthens

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