As of March 31, 2025, the Azerbaijan State Oil Fund's (SOFAZ) investment portfolio comprises 66.1% in US dollars, showing a decrease of 3.4 percentage points compared to the same date in 2024, when the share was 69.5%, APA reports, citing SOFAZ's annual report.
The portfolio consists of 21.4% in euros, 5.1% in British pounds, 2.5% in Chinese yuan, 1.3% in Japanese yen, and 3.6% in other currencies.
SOFAZ’s total investment portfolio reached $62,449.5 million as of March 31, 2025, marking a 9.5% year-on-year increase.
The portfolio's currency breakdown is as follows:
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US Dollar: $41,274.7 million
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Euro: €12,218.5 million
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British Pound: £2,430.8 million
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Chinese Yuan: CNY 11,275.7 million
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Japanese Yen: JPY 122,914.6 million
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Other Currencies: $2,282.2 million
Furthermore, $16,134.4 million (25.8%) of the US dollar portfolio is invested in gold.