SOFAZ

CBA holds foreign exchange auction

The Central Bank of Azerbaijan (CBA) held a foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ), during which Azerbaijani banks acquired $56.5 million, Trend reports citing the CBA.
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CBA holds foreign exchange auction

The Central Bank of Azerbaijan (CBA) held a foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ), during which Azerbaijani banks acquired $69.2 million, Trend reports citing CBA.
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Working group for EIT report preparation created in Azerbaijan

On May 21, 2019 the Extractive Industries Transparency Commission (EITC), composed of newly appointed members under the decree of the president of the Republic of Azerbaijan dated May 3, 2019, held its first meeting at the State Oil Fund of the Republic of Azerbaijan (SOFAZ) with the participation of representatives of civil society, extractive companies operating in Azerbaijan and international organizations, Trend reports referring to SOFAZ website.
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