Azerbaijan’s State Oil Fund sell $50M to local banks at auction

Azerbaijan’s State Oil Fund sell $50M to local banks at auction
# 19 July 2016 13:25 (UTC +04:00)

Baku. Vusal Nabiyev – APA-Economics. The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 28 banks through an auction held by the Central Bank of Azerbaijan (CBA), SOFAZ saidon Tuesday.

SOFAZ will continue selling foreign currency through auctions in 2016.

#
#

THE OPERATION IS BEING PERFORMED