SOFAZ sold about $900 million for December

11:46 - 8.01.2020

January 8, Fineko/abc.az. The Azerbaijan State Oil Fund (SOFAZ) sold $886.35 million for the past month.

ABC.AZ reports with reference to SOFAZ that in December 2019 the Fund sold foreign currency for $886.35 million at currency auctions.

As it was reported previously, SOFAZ sold foreign currency for $539.81 million at currency auctions for November 2019. Thus, in December 2019 the volume of Fund’s currency sales increased by 64.2% against November. In 2019 SOFAZ sold foreign currency for $6.59 bn at currency auctions.

 

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