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Thursday, 16 February 2017 20:00

State Oil Fund cuts currency sale

State Oil Fund cuts currency sale

State Oil Fund of Azerbaijan (SOFAZ) sold currencies worth $4.9bl at the currency auction, which is 37.5% lower than the figure of 2015, Caspian Energy News (www.caspianenergy.net) reports with reference to the review of the 2016 monetary policy of the  Bank published on Thursday.

More details: http://www.cbar.az/assets/4269/PSI_-_2016_-_son.pdf

Person in charge of the newsline: Jeyhun Bayramov

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