SOFAZ reduces foreign exchange sales by 40%

Kanan Sadigov
Author

In January-April this year, the State Oil Fund (SOFAZ) sold foreign currency worth $1,989,800,000.

According to the Fund, this is 39.8% less than in the same period last year.

In April, SOFAZ's foreign exchange sales amounted to $509,900,000 (4% less than in April last year).

Other News

CBA currency exchange rates (21.07.2026) 21 July, 2026 / 09:45
Key indicators of world commodity, stock, and currency markets (21.07.2026) 21 July, 2026 / 09:16
Baku Stock Exchange signs listing agreement with Kazakhstan's JET Group 20 July, 2026 / 15:22
Azerbaijan's CBA, UK Chartered Insurance Institute move toward strategic partnership 20 July, 2026 / 12:39
CBA currency exchange rates (20.07.2026) 20 July, 2026 / 09:16
Ranking of banks in Azerbaijan by profit tax paid (January-June 2026) 18 July, 2026 / 17:17
Ranking of banks in Azerbaijan by interest income (January-June 2026 18 July, 2026 / 15:46
Ranking of banks in Azerbaijan by deposit portfolio size (01.07.2026) 18 July, 2026 / 15:17
Key indicators of world commodity, stock, and currency markets (18.07.2026) 18 July, 2026 / 09:39
Gold prices grow to $4,000 17 July, 2026 / 20:05
Azerbaijan, UnionPay discuss expansion of QR code payments 17 July, 2026 / 17:20
Moody's completes scheduled review of Azerbaijan's ratings 17 July, 2026 / 16:00
CBA currency exchange rates (17.07.2026) 17 July, 2026 / 09:44
Key indicators of world commodity, stock, and currency markets (17.07.2026) 17 July, 2026 / 09:03
ADB appoints new vice president 16 July, 2026 / 17:09
Azerbaijan Central Bank, IMF discuss inflation forecasts 16 July, 2026 / 13:27
CBA currency exchange rates (16.07.2026) 16 July, 2026 / 09:41
Key indicators of world commodity, stock, and currency markets (16.07.2026) 16 July, 2026 / 09:17
Azerbaijan, Pakistan depositories sign cooperation memorandum 15 July, 2026 / 18:00
Bessent: US Mint to issue gold coin featuring Trump 15 July, 2026 / 17:43