SOFAZ sees sharp rise in currency sales

Gunel Abbasova
Author

State Oil Fund of Azerbaijan (SOFAZ) sold USD 4,010.2 million in January-June 2020, showing an increase of 51.7% compared to the previous year, Report informs, referring to the Fund.

In June 2020, SOFAZ sold USD 373.2 million in the auctions, which is 18% more than June 2019.

SOFAZ currency sales during the six months of 2019 amounted to $2,643.6 million.

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