Finance
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In January-October 2024, the State Oil Fund (SOFAZ) sold foreign currency worth $5,919.4 million. This was reported by the Fund.
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According to the updated October forecasts of the Central Bank of Azerbaijan (CBA), annual inflation in the country will be 5.1% by the end of 2024 and 5.8% by the end of 2025. The CBA reported.
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According to updated forecasts, the current account surplus in Azerbaijan will be $5.3 billion by the end of this year and $5.5 billion by the end of the next year. This was reported by the Central Bank of Azerbaijan.
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The State Oil Company (SOCAR) has made the 12th interest payment on new bonds worth $100 million since 1 November 2021. This was reported by 'SOCAR Capital'.
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