• USD 56.92 -0.05
  • EUR 62.04 +0.09
  • BRENT 52.05 +0.44%

Assets of Azerbaijan’s State Oil Fund shrinking

Assets of the State Oil Fund of Azerbaijan (SOFAZ) shrank by $185 million in July 2015 to $35.7262 billion, according to Azerbaijani media.

SOFAZ’s assets in euro fell by $68 million (in dollar equivalent) due to the difference in the exchange rate. Investments in the Australian dollar fell by $12 million, in Turkish lira – by $1.5 million, in Russian ruble – by $54 million, and in South Korea won – by $17.5 million.

The fund lost another $86 million as gold price fell.

Permalink: eadaily.com/en/news/2015/08/03/assets-of-azerbaijans-state-oil-fund-shrinking
Published on August 3rd, 2015 02:32 PM
All news

25.04.2017

24.04.2017

20.04.2017

19.04.2017

18.04.2017

17.04.2017

15.04.2017

14.04.2017

13.04.2017

12.04.2017

11.04.2017

10.04.2017

08.04.2017

06.04.2017

05.04.2017

04.04.2017

Show more news
Facebook
Twitter
Socials
Information
Press «Like», to read
EurAsia Daily in Facebook
Press «Follow», to read
EurAsia Daily in VK
Thank you, don't show this to me again