The State Oil Fund of Azerbaijan (SOFAZ) sold $220.8 in April 2017 at currency auctions organized by the Central Bank, SOFAZ told APA-Economics on May 1.
In three months of 2017, SOFAZ sold $793.4 million at currency auctions.
Azerbaijani banks bought nearly $4.92 billion from SOFAZ in 2016, up 37.5% compared to 2015.