Azerbaijani Economy 10 january — 12:52

Central Bank increased foreign exchange reserves

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Foreign currency reserves of the Central Bank of Azerbaijan make up $5 billion 622.5 million as of December 28, 2018, according to data on the CBA website.

At the end of 2017, the CBA’s foreign currency reserves amounted to $5 billion 334.6 million. Thus, in 2018, the Central Bank’s foreign currency reserves increased by 5.4%.

At the same time, in December, the CBA currency reserves increased by 0.6%, or $31.6 million.

As previously reported, in 2017, foreign currency reserves of the Central Bank increased by 34.2%.

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