Central Bank`s chair Elman Rustamov: We plan to finish 2019 with profit of 3.2%


August 1, Fineko/abc.az. Delivering speech at yesterday’s Cabinet socio-economic meeting, Central Bank’s chairman Elman Rustamov stated that the CBA’s foreign exchange reserves are growing.

“This year, we’ve increased our foreign exchange reserves more than by $330 million. But I want to stress that the improvement of the management of foreign exchange reserves is of great importance for us. More than $100 million of these funds we received within 6 months from external management. Despite the fact that the situation on the international financial markets is quite complicated and interest rates are low, we intend to complete this year with profit of 3.2%," Rustamov added.