SOFAZ places deposit with Central Bank of Turkey

Economic Department
Author

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) placed a deposit of 1 billion euros with the Central Bank of Turkey in January, Report informs, citing SOFAZ.

The deposit was placed on the condition of return within six months.

This investment, which had a positive impact on financial stability in Turkey, was carried out within the investment rules and strategy of SOFAZ and was completed the day before.

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