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SOFAZ sold foreign currency in July by 37% more versus in June

07.08.2019,15:22


August 7, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) keeps transparency of foreign currency sales in the local market.

SOFAZ reports that it sold foreign currency for $434.9 million in July’s auctions (a rise of $119 million or 37.67% against June).

SOFAZ sold foreign currency for $315.9 million in the auction for June, $352.4 million for May, $423.7 million for April, $600.5 million for March, $316.2 million for April and $634.9 million for January.

Just for past 7 months of 2019 SOFAZ sold foreign currency for $3.078 bn. The indicator reached $6.46 bn in 2018 and $3.597 bn in 2017.