Baku 28° C
SOFAZ sells 50 mln USD to 29 banks
Finance
- 09 June, 2016
- 09:39
Baku. 9 June. REPORT.AZ/ Today, the State Oil Fund of Azerbaijan Republic (SOFAZ) has put up for sale 50 million USD. The amount was sold to 29 commercial banks, SOFAZ said.
Report was told in the banking circles, the transaction carried out at an average price of 1,5122 AZN/USD.
According to the information, in today's auction real demand of commercial banks exceeded actual proposal by 10 times, reaching 500 mln. USD. Therefore, growth of tomorrow's official rate is expected.
Today, exchange rate was defined at 1,5084 AZN/USD.
Author
Latest News
19:10
Ziroatkhon Mirziyoyeva: Mehriban Aliyeva's activities have earned deep respect throughout world
Foreign policy19:00
Emine Erdogan: Mehriban Aliyeva's charitable activities highly appreciated around world
Foreign policy18:45
Zahra Pezeshkian congratulates Mehriban Aliyeva on her birthday
Foreign policy18:27
Ziroatkhon Mirziyoyeva phones First Vice President of Azerbaijan
Foreign policy18:24
Valentina Matviyenko congratulates Mehriban Aliyeva on her birthday
Foreign policy18:12
Prince Harry and Meghan land in UK days after announcing move
Other countries17:53
Trump says he is 'not in a hurry' to negotiate with Iran
Other countries17:29
Azerbaijan MFA offers condolences to Pakistan
Foreign policy17:25
Photo