SOFAZ sells over $543M of funds in January-February - UPDATED

SOFAZ sells over $543M of funds in January-February - UPDATED
  • Clock-gray 12:44
  • calendar-gray 01 March 2017

State Oil Fund of Azerbaijan (SOFAZ) sold sold $543.4 million of funds at auctions held by Central Bank of Azerbaijan in January-February.   

 

The volume of currency sold amounted to $258.4 million in February, down 9.3% from $285 million in January.

 

In 2016, SOFAZ sold $4.9 billion, down 37.5% from 2015.

 

*** 14:31

 

State Oil Fund of Azerbaijan has put up $258.4 million for auctions held in February at the Central Bank of Azerbaijan.

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