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SOFAZ sold currency for $5.8 bn for 11 months of 2018

06.12.2018,11:45


December 6, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) keeps transparency of its foreign currency sales in the local market.

SOFAZ reports that it sold $654.1 million at currency auctions in November 2018.

In October sales reached $489.6 million, in September $394.8 million, in August $733.7 million, in July $536.6 million, in June $439 million, in May $422.7 million, in April $802.6 million, in March $647 million, in February $364.1 million, and in January $299.1 million.

Just for 11 months of 2018 SOFAZ sold currency in the amount of $5.78 bn at auctions.

In 2017 SOFAZ sold currency for $3.597 bn at auctions.