49% of SOFAZ investment portfolio is in USD

49% of SOFAZ investment portfolio is in USD
  • Clock-gray 14:47
  • calendar-gray 18 April 2018

Major part of assets of the State Oil Fund of Azerbaijan (SOFAZ) is in dollar, SOFAZ said in its report for the first quarter.

 

As fo April 1, 2018 the Fund’s assets amounted to $37,631,230,000. Of his, $18,356,700,000 or 48.8% was in USD, 34.4% in EUR, 4.9% in GBP, 0.7% in AUD (Australian dollar), 1% in TRY, 1.1% in RUB, 1.2% in KRW (Korean Won), 1.4% in CNY (Chinese Yuan), 1.6% in JPY (Japan yen), 3.4% in gold and 1.5% in other currencies.  

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