25.05.2016 - Azerbaijan’s Oil Fund sold $50 million through auction
The State Oil Fund of Azerbaijan (SOFAZ) has appeared today at the foreign exchange auction of the Central Bank as a seller. SOFAZ reports that today it set for sale an offer for $50 million and sold them. "Among the buyers were 14 banks," SOFAZsaid. At the previous auction the Fund sold $48.4 million to eight banks, including the CBA. The Fund promises to continue selling currency through auctions of the CBA...............................................Full Article: Source
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