Baku, March 9, AZERTAC
The State Oil Fund of Azerbaijan (SOFAZ) has taken part in today’s foreign exchange auction of the Central Bank as a seller.
SOFAZ said it has sold $50 million through the auction today.
"24 banks were among the buyers," the Fund said.
At the previous auction on 7 March SOFAZ sold $49.7 million to 29 banks through auction. The Fund promises to continue selling foreign currency through the CBA auctions.