SOFAZ reduces foreign currency sales 37%
Finance
- 01 June, 2021
- 09:25
In January-May this year, the State Oil Fund (SOFAZ) sold foreign currency worth $2,302.5 million.
Report informs, citing the Fund, that this is 36.7% less than in the same period 2020.
In May alone, SOFAZ's foreign exchange sales amounted to $312.7 million (6.4% less than in May last year).
Latest News
18:22
Traffic regulations to be applied on some Baku streets ahead of WUF13
Infrastructure18:14
Photo
Azerbaijani, Turkish Land Forces commanders mull military co-op
Incident17:55
EBRD to assess financing options for BESS projects in Azerbaijan
Energy17:50
Sule Kilic: EBRD ready to support Azerbaijan with future renewables tenders
Energy17:44
Azerbaijan mini-football team tops world ranking
Football17:41
25,000 participants to compete in Baku Marathon 2026 on May 3
Individual sports17:32
BP profits more than double as oil prices soar in Iran war
Energy17:13
Photo
Report, Baku TV ink co-op memo with China's CCTV+
Media17:12