21.03.2016 - Azerbaijan’s Oil Fund sold $34.3 million through Central Bank’s foreign exchange auction
The State Oil Fund of Azerbaijan (SOFAZ) has take part in today’s foreign exchange auction of the Central Bank as a seller. According to SOFAZ, today it applied for sale of $100 million and sold $34.3 million through the CBA auction. "Two banks were among the buyers," SOFAZ said. At the previous auction on 16 March the Fund sold $39.1 million to eight banks through auction. SOFAZ promises to continue currency sales through CBA auctions...............................................Full Article: Source
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