Bank Of Baku

SOFAZ saved USD 1.2 bln. in foreign exchange sales this year

Administrative building of SOFAZ

© APA | Administrative building of SOFAZ

# 29 October 2021 12:34 (UTC +04:00)

State Oil Fund of the Republic of Azerbaijan sold USD 4,9 bln. in 81 currency auctions in 2021, said chairman of the Central bank of Azerbaijan Elman Rustamov, APA reports.

According to him, the remained fund in the auctions in the remaining period of the year made up USD 2,4 bln. and SOFAZ lags behind the schedule is more than $ 1.2 billion.

 

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