SOFAZ sold $2.5B in auctions this year

  02 October 2017    Read: 973
SOFAZ sold $2.5B in auctions this year
The State Oil Fund of Azerbaijan Republic (SOFAZ) sold 252.2 million US dollars to local banks at the currency auctions held in September 2017, down 13.81% from $292.6 million in August, the SOFAZ public relations department told AzVision.az.
SOFAZ sold over $2,485,720,000 to local banks in January-September this year.

In 2016, SOFAZ sold $4.9 billion to local banks, up 37.5% compared to 2015.

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