Baku: As of March 31, 2025, the Azerbaijan State Oil Fund’s (SOFAZ) investment portfolio consists of 66.1% in US dollars, reflecting a decrease of 3.4 percentage points from the previous year when it stood at 69.5%.

According to Azeri-Press News Agency, SOFAZ’s annual report details the currency distribution within the portfolio, which also includes 21.4% in euros, 5.1% in British pounds, 2.5% in Chinese yuan, 1.3% in Japanese yen, and 3.6% in other currencies. The total investment portfolio amounted to $62,449.5 million as of March 31, 2025, which signifies a 9.5% increase from the previous year.

The breakdown of the portfolio’s currency allocation is as follows: US Dollar at $41,274.7 million, Euro at pound 12,218.5 million, British Pound at £2,430.8 million, Chinese Yuan at CNY 11,275.7 million, Japanese Yen at JPY 122,914.6 million, and other currencies at $2,282.2 million. Additionally, $16,134.4 million, representing 25.8% of the US dollar portfolio, is invested in gold.