SOFAZ sells nearly 45 mln USD at today's auction

SOFAZ sells nearly 45 mln USD at today's auction As a result, 90% of auctioned currency mass bought
Finance
May 12, 2016 13:57
SOFAZ sells nearly 45 mln USD at today's auction

Baku. 12 May. REPORT.AZ/ Today, the State Oil Fund of Azerbaijan Republic (SOFAZ) has auctioned 50 mln. USD.

Report informs, 9,8 million USD of this amount sold to 8 commercial banks, 35 million USD to the Central Bank of Azerbaijan. As a result, 44,8 million USD (89,6%) of the auctioned currency mass have been sold.

During the year, SOFAZ will continue sale of foreign currency through auctions. 

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