Azerbaijani Economy 30 july — 14:38

Elman Rustamov on increasing Azerbaijan's foreign exchange reserves

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Azerbaijan's strategic currency reserves have increased by 1.2% since early 2020, Central Bank Chairman Elman Rustamov said at a press-conference today.

'Since the beginning of the year, Azerbaijan's strategic foreign currency reserves have grown by 1.2% and amounted to about $51.7 billion,' Elman Rustamov said.

The head of the Central Bank added that since the beginning of the year, the foreign currency reserves of the Central Bank have grown by 3.3%.

As of the end of 2019, Azerbaijan's strategic foreign currency reserves amounted to about $50.9 billion.

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