SOFAZ Sells Banks $ 50 Million
. The State Oil Fund of Azerbaijan (SOFAZ) on Thursday sold $ 50 million at an auction, according to SOFAZ.
According to Turan, the currency was sold to 28 banks.
Despite the fact that the report does not specify the actual demand for foreign currency, the banking circles say that every time the demand exceeds the supply by 10-12 times.
Note that since the end of last week, most commercial banks have stopped the sale of foreign currency, and some banks have introduced a hard limit of 100 dollars / euro in one hand. -74D-
Economics
-
Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
-
Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
-
Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
-
The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
Həbslər, sanksiya çağırışları və mesajlar... – Ərəstun Oruclu ilə gündəm müzakirəsi Çətin sualda
News Line
-
- Economical review,
- 18:51
- 33
-
- Social,
- 13:08
- 243
Leave a review