SOFAZ reduced sale of foreign currency this year

17:16 - 30.04.2021


April 30, Fineko/abc.az. In April 2021 the State Oil Fund of Azerbaijan (SOFAZ) sold finances in the amount of $510 million at foreign exchange auctions.

ABC.AZ reports that according to calculations based on data from the Central Bank and SOFAZ, this indicator increased by 28.2% against March and decreased by 4% versus April 2020.

Over Jan-Apr 2021 SOFAZ sold $1.99 bn of foreign currencies at auctions (39.8% less against Jan-Apr 2020).

 

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