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    SOFAZ puts up about 800 mln USD in quarter I

    Most funds sold at January auctions

    Baku. 3 April. REPORT.AZ/ The State Oil Fund of the Republic of Azerbaijan (SOFAZ) put up 250 million USD in the auctions during March, 2017.

    Report informs citing SOFAZ, the Fund has sold 285 mln USD in January 2017, while 258.4 in February. Totally, 793.4 million USD put up in currency auctions in the first quarter of this year.

    Notably, upper limit of the transfer of SOFAZ to the state budget this year made 6.1 billion AZN or 3.537 bln USD, taking into account today's official exchange rate of the Central Bank of Azerbaijan (CBA).  

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