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State Oil Fund sells 177,5 mln USD

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Today, the State Oil Fund of Azerbaijan Republic (SOFAZ) put up for sale of 200 million USD through auctions of CentralBank of Azerbaijan Republic (CBAR).

SOFAZ, as a result, funds in the amount of 177,45 million USD (nearly 89%) of means auctioned by the fund was sold to 13 banks.

'During the year, currency sale will be continued by SOFAZ through auctions', the fund states.

Date
2016.02.22 / 17:12
Author
Axar.az
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