Baku 12° C
SOFAZ reduces foreign currency sales 37%
Finance
- 01 June, 2021
- 09:25
In January-May this year, the State Oil Fund (SOFAZ) sold foreign currency worth $2,302.5 million.
Report informs, citing the Fund, that this is 36.7% less than in the same period 2020.
In May alone, SOFAZ's foreign exchange sales amounted to $312.7 million (6.4% less than in May last year).
Author
Latest News
15:46
Photo
Azerbaijan, Vietnam mull deeper judicial cooperation and new legal initiatives
Foreign policy15:38
SPE Annual Caspian Conference 2025: Shaping the Region's Energy Future
Energy15:34
Photo
NATO mobile training team holds seminar in Baku
Military15:23
Ticket sales open for 2026 Azerbaijan Formula 1 Grand Prix
Formula 115:19
Document: Duration of EU mission on Armenia–Azerbaijan border to depend on Yerevan's needs
Region15:00
Photo
Azerbaijan, South Korea mull application of innovative solutions in banking sector
Finance14:57
Around 4,000 passengers used Accessible Metro project in Baku over past 3 years
Infrastructure14:55
Türkiye says will continue purchasing natural gas from Russia
Energy14:51