29.06.2016 - Azerbaijan’s Oil Fund sold another $50 million through Central Bank’s auction

The State Oil Fund of Azerbaijan (SOFAZ) has appeared today at the foreign exchange auction of the Central Bank as a seller. According to SOFAZ, today it has applied for sale of $50 million and sold them. "31 banks became the buyers,” the Fund said. At the previous auction the Fund sold $50 million to 32 banks, including the Central Bank. The Fund promises to continue selling currency through CBA auctions...............................................Full Article: Source

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