SOFAZ sold 1 mln USD to one bank

SOFAZ sold 1 mln USD to one bank Demand amounted to 1% of total supply
Finance
April 1, 2016 12:55
SOFAZ sold 1 mln USD to one bank

Baku. 1 April. REPORT.AZ/ Today, the State Oil Fund of Azerbaijan (SOFAZ) through regular auctions of the Central Bank of Azerbaijan (CBA) has put up 100 mln USD for sale.

Report was told in SOFAZ, at the auction 1 mln USD was sold to one (1) commercial banks (1% of the proposal).

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

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