In January-October 2024, the State Oil Fund (SOFAZ) sold foreign currency worth $5,919.4 million. This was reported by the Fund.
According to the data, this is up by 2.6 times from the same period of 2023.
Just in October, sales of foreign currency of the SOFAZ amounted to $ 174.4 million. This is down by 13.9% from a year earlier.
Finance
-
'Pashabank's subsidiary in Turkey (‘Pasha Yatırım Bankası’) has released its financial results for January-September 2024.
-
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.
-
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.
-
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'.
Leave a review