| As of the first quarter, around 51.32 percent of the total volume of the investment portfolio of the Azerbaijani State Oil Fund (SOFAZ) are in U.S. dollars ($17.53 billion), SOFAZ said. As of Jan.-March, the total amount of SOFAZ investment portfolio amounted to over $34.15 billion or 99.5 percent of total volume of assets.
Around 38.81 percent of the investment portfolio are concentrated in euro (over 10.33 billion euro), 4.82 percent -- in British pounds sterling (about 1.08 billion pounds sterling), 1.37 percent -- Turkish Lira, 0.62 percent -- Australian Dollars, 0.29 percent -- Russian Rubles, 0.5 percent -- Azerbaijani Manat. The rest part of the portfolio (2.76 percent) is concentrated in gold............................................Full Article: Source
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