SOFAZ sold $ 515.5 million at currency auctions in July

SOFAZ sold $ 515.5 million at currency auctions in July
  • Clock-gray 17:14
  • calendar-gray 04 August 2020

The funds in the amount of $ 515.5 million were sold by the State Oil Fund of the Republic of Azerbaijan during July of 2020 at the currency auctions, APA-Economics reports citing the State Oil Fund.

Based on the information, 38% growth was recorded in currency sale in July compared with June. Thus, during June of 2020, the funds in the amount of $ 373.2 mln. were sold by SOFAZ during June of 2020.

We would like to inform you that during January-July of this year, the funds in the amount of 4,525.7 mln. were sold by SOFAZ.

APA-Economics

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