Azerbaijani banks buy $2.4M from State Oil Fund

  15 April 2016    Read: 1094
Azerbaijani banks buy $2.4M from State Oil Fund
The State Oil Fund of Azerbaijan (SOFAZ) sold $2.4 million to four local banks through the auction held by the Central Bank of Azerbaijan (CBA), SOFAZ said on Apr. 15.
SOFAZ offered $50 million for sale through the auction.

SOFAZ will continue selling foreign currency through auctions in 2016.

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