Four currencies occupy main place in SOFAZ currency basket


March 13, Fineko/ The gold asset in SOFAZ funds is known to play the role of insurance in case of uncertainty.

ABC.AZ reports with reference to SOFAZ that this type of assets currently accounts for about 5.4% of the total funds worth about $12 bn.

According to information, gold assets, the total weight of which is about 101.5 tons, were imported in the country and stored in the Special Treasury of SOFAZ.

As for the SOFAZ currency basket, it should be noted that the main place, about 95%, is occupied by the main reserve currencies, such as the US dollar, euro, British pound and Japanese yen.

By Elmir Murad