| 04.01.2016 - No changes in SOFAZ investment portfolio foreign currency structure |
| The State Oil Fund of Azerbaijan (SOFAZ) hasn’t changed the foreign currency structure of its investment portfolio for 2016. On Dec.29, the president of Azerbaijan issued a decree on the approval of main directions (of the program) of using SOFAZ funds for 2016. Thus, 50 percent of assets may be placed in US dollars, 35 percent - in euros, five percent - in British pounds, and the remaining 10 percent - in other currencies...............................................Full Article: Source |