16:48 - 2.05.2018

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May 2, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) keeps transparency of its foreign currency sales in the local market.

SOFAZ reports that at April’s currency auctions it sold $802.6 million that is by 24% more versus March ($647 million).

In Q1 of 2018 the Oil Fund sold currency for $1.3 bn. Since early 2018 SOFAZ sold foreign currency for $2.112 bn.

In 2017 SOFAZ sold foreign currency for $3.597 bn at currency auctions.

Currently, SOFAZ is the main source of foreign currency sales at currency auctions in Azerbaijan.