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Assets of State Oil Fund of Azerbaijan reduced
Finance
- 14 February, 2017
- 07:50
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Baku. 14 February. REPORT.AZ/ The assets of SOFAZ as of January 1, 2017 have decreased by 1.27% compared to the beginning of 2016 (USD 33 574.1 mln.) and stood at USD 33 147 mln.
Report informs referring to the fund.
Even though the revenues exceeded the expenses, depreciation of Euro, British pound, Turkish Lira and Chinese yuan against US-dollar resulted in the decline of SOFAZ assets.
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