15.03.2016 - Azerbaijan’s Oil Fund sold $11.9 million through Central Bank’s foreign exchange auction
The State Oil Fund of Azerbaijan (SOFAZ) has appeared today on the foreign exchange auction of the Central Bank as a seller. According to SOFAZ, today it has applied for sale of $150 million and sold $11.9 million through the auction. "Nine banks were among the buyers," SOFAZ said. At the previous auction on 11 March the Fund sold $68.4 million to 25 banks through auction. SOFAZ promises to continue selling currency through the CBA auctions...............................................Full Article: Source
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