150 million USD for sale at today's auction

150 million USD for sale at today's auction Official exchange rate for September 28 is expected to be 1,6253 AZN/USD
Finance
September 27, 2016 11:26
150 million USD for sale at today's auction

Baku. 27 September. REPORT.AZ/ Today, Azerbaijan will launch the next regular exchange auction.

Report informs referring to the banking sources, the State Oil Fund of Azerbaijan Republic (SOFAZ) will put up for sale 100 million USD, the Central Bank of Azerbaijan (CBA) - 50 million USD.

Analytical Group of Report News Agency predicts the official exchange rate for September 28 will be 1,6253 AZN/USD.

Yesterday, the Central Bank chairman Elman Rustamov told reporters that the auctions will continue to sale sufficient currency and unfounded rumours about the devaluation will be prevented.

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