SOFAZ sold 72 mln USD to banks at today’s auction - UPDATED

SOFAZ sold 72 mln USD to banks at today’s auction - UPDATED 72,4 mln USD of the amount was sold to 20 commercial banks
Finance
September 20, 2016 13:49
SOFAZ sold 72 mln USD to banks at today’s auction - UPDATED

Baku. 20 September. REPORT.AZ/ The State Oil Fund of Azerbaijan Republic (SOFAZ) has put for sale 150 mln USD at today’s auction.

Report informs refrerring to banking circles, 72,4 mln USD of the amount was sold to 20 commercial banks.

Analytical Group of Report believes today official rate of the dollar will slightly decline.

Banks have already begun to reduce prices in currency markets.

***12:54 

Baku. 20 September. REPORT.AZ/ The State Oil Fund of Azerbaijan Republic (SOFAZ) has put for sale 150 mln USD at today’s auction.

Report informs refrerring to banking circles, 75 mln USD of the amount was sold to commercial banks.

Analytical Group of Report believes today official rate of the dollar will slightly decline.

Banks have already begun to reduce prices in currency markets.

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