Bank Of Baku

Azerbaijan’s State Oil Fund sells $50M to local banks

Azerbaijan’s State Oil Fund sells $50M to local banks
# 26 July 2016 12:09 (UTC +04:00)

Baku. Yegana Lachinzade – APA. The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 27 banks through an auction held by the Central Bank of Azerbaijan (CBA), SOFAZ said on July 26.

 

SOFAZ will continue selling foreign currency through auctions in 2016.

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