TODAY.AZ / Business

SOFAZ places €1 billion deposit with Central Bank of Turkey

28 January 2022 [18:50] - TODAY.AZ

By Trend

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has placed a deposit in the amount of one billion euros for a period of six months with the Central Bank of Turkey, SOFAZ told Trend.

According to the report, these investments will make a positive contribution to Turkey's financial stability.

"The investment of these funds in the Central Bank of Turkey was carried out within the investment strategy of SOFAZ," the fund said.

URL: http://www.today.az/news/business/214982.html

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