The State Oil Fund of Azerbaijan (SOFAZ) sold $34 million to eight banks through an auction held by the CBA.
Meanwhile, CBA itself acquired $15 million at the auction.
SOFAZ was offering $50 million for sale through the auction.
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Azerbaijan
18 May 2016
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Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.5017 manats for May 18, said Azerbaijan`s Central Bank (CBA) May 17.
Thus, manat`s rate against the US dollar increased by 0.1 percent compared to the rate on May 17.
The State Oil Fund of Azerbaijan (SOFAZ) sold $34 million to eight banks through an auction held by the CBA.
Meanwhile, CBA itself acquired $15 million at the auction.
SOFAZ was offering $50 million for sale through the auction.
The State Oil Fund of Azerbaijan (SOFAZ) sold $34 million to eight banks through an auction held by the CBA.
Meanwhile, CBA itself acquired $15 million at the auction.
SOFAZ was offering $50 million for sale through the auction.
