SOFAZ decreased currency sale by 53% in January

SOFAZ decreased currency sale by 53% in January
  • Clock-gray 10:29
  • calendar-gray 05 February 2020

During January 2020  $ 300,2 mln. in currency was sold by  State Oil Fund of the Republic of Azerbaijan, which is 52.7% less in comparison to the related period of the previous year, SOFAZ told APA-Economics.

According to the information, in January 2019 the Fund sold $634,9 mln.

In January this year SOFAZ increased currency sale by 66,1% (nearly 3 times) in comparison to December last year.

Note that currency in the amount of $ 6 593,86 mln was sold by the Fund last year. This indicator is $ 133,46 mln. or 2,1% more in comparison to 2018.

Emil Ismayilov

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