PremiumAzerbaijan's SOFAZ highlights dollarization level of its investment portfolio in 1Q2025

Economy Materials 17 April 2025 19:07 (UTC +04:00)
Azerbaijan's SOFAZ highlights dollarization level of its investment portfolio in 1Q2025
Evez Hasanov
Evez Hasanov
Read more

BAKU, Azerbaijan, April 17.​ The total investment portfolio of the Azerbaijan Republic State Oil Fund (SOFAZ) amounted to $62.45 billion in the first quarter of 2025.

Data obtained by Trend from SOFAZ shows that this figure grew by $5.4 billion (9.5 percent) compared to the same period last year. At the end of March 2024, the fund's total investment portfolio was $57 billion.

In the reporting period, 66.1 percent of the total investment portfolio was in US dollar ($41.24 billion), 21.4 percent in euro (12.2 billion), 5.1 percent in British pounds (2.4 billion), 2.5 percent in Chinese yuan (1.27 billion), 1.3 percent in Japanese yen (122.9 billion), and 3.6 percent in other currencies ($2.28 billion).

Tags:
Latest

Latest