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10.3% of Oil Fund`s portfolio consists of investments in gold

02.08.2019,13:41

August 2, Fineko/abc.az. As of 30 June of the current year 54.6% in the structure of the investment portfolio is placed in US dollars (at the end of 2018 – 54.3%), 34.1% in euros (at the end of 2018 – 34.4%), 4.6% in pounds sterling (at the end of 2018 – 4.6%), 0.6% in Australian dollars (at the end of 2018 – 0.6%), 0.7% in Turkish liras (at the end of 2018 – 0.8%), 0.7% in Russian rubles (at the end of 2018 – 0.7%), 0.4% in S Korean wons (at the end of 2018 – 0.5%), 1.2% in Chinese yuans (at the end of 2018 – 1.3%), 1.6% in Japanese yens (at the end of 2018 – 1.5%), and 1.5% in other currencies (at the end of 2018 – 1.3%).

This is stated in the report SOFAZ on the results of SOFAZ’s investment activity for the first 6 months of 2019.

According to the report, part of the portfolio of $4.356 bn (10.3 %) is investments in gold.