admin April 30, 2021

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reduced exchange sales this year and saved $ 140 million, said chairman of Central Bank of Azerbaijan Elman Rustamov at an online press conference on parameters of the interest rate corridor, APA-Economics reports.

According to him, the Oil Fund lags behind its exchange sales schedule: “There is a surplus in the exchange market and there is complete equilibrium.”

Source: Azeri-Press News Agency