Date unveiled on Azerbaijan`s strategic foreign exchange reserves

15:27 - 18.09.2020


September 18, Fineko/abc.az. Azerbaijan's strategic foreign exchange reserves observed a certain growth.

ABC.AZ reports with reference to the Central Bank that despite low oil prices, the country's foreign trade balance has remained in surplus since the beginning of the year.

And this creates conditions for the growth of strategic foreign exchange reserves. Currently, strategic foreign exchange reserves amount to $51.4 billion (by 0.6% more than a year earlier).

CBA’s foreign exchange reserves have increased by 3.7% since the beginning of the year.

 

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