SOFAZ sold $252.2 million at currency auctions in September

02.10.2017,12:10


The State Oil Fund of Azerbaijan (SOFAZ) keeps transparency of its sales of foreign currency in the local market.

SOFAZ reports that the Fund sold currency for $252.2 million at currency auctions in September, compared to $292.6 million in August, $253.2 million in July, $373.2 million in June, $300.3 million in May, $220.8 million in April, $250 million in March, $258.4 million in February and $285 million in January of 2017.

The record of SOFAZ direct currency sales accounted for October 2016 ($371 million).

For the first half of 2017, the Oil Fund sold currency for $1.94 bn.