12:44 - 19.07.2023

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July 19, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) still prefers to place the bulk of its assets in US dollars, the share of assets in US currency is 69.6%, ABC.AZ reports, referring to SOFAZ.

As of June 30, 2023, SOFAZ's assets amounted to $54.915 bn, of which the amount equivalent to $830,000 in Azerbaijani mantas and the rest in other currencies.

SOFAZ's investment portfolio is equal to $54.914 bn as of the end of June 2023.