UP

Baku lost $90 mln due to Brexit

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The State Oil Fund of Azerbaijan Republic (SOFAZ) has lost $86 million as a result of depreciation of the UK pound due to Brexit.

According to the result of the first quarter of 2016, the Fund's portfolio at the 150.7 million GBP equivalent had a loss from the previous day rate (June 23) to June 24, at 12.am. 86 million USD.

According to these results, 4.9% of the Fund's assets places in GBP.

"Report" experts predict that GBP decline will continue and the loss of the fund will increase.

Date
2016.06.24 / 15:22
Author
Axar.az
Comments
See also

The price of oil today

Oil rose again

Azerbaijan currency rates

The lira fell again In Turkiye

Oil ended the week at this price

Oil rose again

The price of oil today

Forecast of the world economy from the IMF

Oil rose again

Oil started the week with this price

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