SOFAZ sells 50 mln. USD to banks

SOFAZ sells 50 mln. USD to banks The amount was purchased by 20 banks
Finance
April 8, 2016 12:52
SOFAZ sells 50 mln. USD to banks

Baku. 8 April. REPORT.AZ/ Today, the State Oil Fund of Azerbaijan (SOFAZ) through regular auctions of the Central Bank of Azerbaijan (CBA) has put up 50 mln. USD for sale.

Report was told in SOFAZ, at the auction the amount was sold to 20 commercial banks.

"SOFAZ will continue to sell currency through auctions during a year", the fund says.

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