From January through July this year, the State Oil Fund of Azerbaijan (SOFAZ) sold $2,951.4 million worth of currency, down 8,6% from last year.
This month alone, the amount of currency sold by SOFAZ made $212.3 million, down 54% from July 2021.
SOFAZ reduces currency sales through auctions by 9%
Other News
CBA currency exchange rates (12.10.2026)
12 October, 2026 / 09:16
Atilla Benli elected chairman of Turkic World Insurance Union
10 October, 2026 / 21:29
Turkic world countries discuss establishing joint reinsurance pool
10 October, 2026 / 19:09
Key indicators of world commodity, stock, and currency markets (10.10.2026)
10 October, 2026 / 09:35
Azerbaijan's retail trade turnover grows nearly 4%
09 October, 2026 / 13:14
Azerbaijani population's income surges nearly 10%
09 October, 2026 / 13:05
Average annual inflation in Azerbaijan stands at 5.7%
09 October, 2026 / 12:31
Investment in Azerbaijan's economy up nearly 11%
09 October, 2026 / 12:12
Average monthly salary in Azerbaijan up over 7%
09 October, 2026 / 11:31
Azerbaijan's economy grows 1.5%
09 October, 2026 / 11:24
Azerbaijan's external public debt falls nearly 8%
09 October, 2026 / 11:14
Azerbaijan's strategic foreign exchange reserves exceed $89B
09 October, 2026 / 11:10
Governor of Azerbaijan's Central Bank attends Istanbul Economic Forum
09 October, 2026 / 10:01
CBA currency exchange rates (09.10.2026)
09 October, 2026 / 09:10
Key indicators of world commodity, stock, and currency markets (09.10.2026)
09 October, 2026 / 08:57
Azerbaijan's data exchange with foreign financial monitoring agencies down nearly 29%
08 October, 2026 / 17:11
Azerbaijan Credit Bureau launches Stop-Credit self-ban service
08 October, 2026 / 15:17
AIIB approves $45M loan for seawater desalination project in Azerbaijan
08 October, 2026 / 15:04
Azerbaijan ranks third among 133 countries in public financial management
08 October, 2026 / 11:28
CBA currency exchange rates (08.10.2026)
08 October, 2026 / 09:18