SOFAZ sells over $784M of funds in January-March

State Oil Fund of Azerbaijan (SOFAZ) sold $250 million in auctions held by Central Bank of Azerbaijan in March 2017.

SOFAZ sold $543.4 million of funds at auctions in January-February.  

The volume of currency sold in three months amounted to $784.4 million.

In 2016, SOFAZ sold $4.9 billion, down 37.5% from 2015.


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