11:07 - 7 March 2018
March 7, Fineko/abc.az. The foreign exchange reserves of the Central Bank of Azerbaijan (CBA) rose 0.11% in February 2018.
The CBA reports that the currency reserves as of February 28, 2018 amounted to $5,387.3mln, against $5,381.2mln as of January 31, 2018.
As of January 1, 2018, foreign exchange reserves amounted to $5,334.6 mln. In January-February 2018, the CBA's foreign exchange reserves increased by $ 52.7 mln, or by 0.99%.
By January 1, 2017, foreign exchange reserves stood at $3,394.4 mln. In 2017, the CBA's foreign exchange reserves increased by $1,360.2 mln, or by 34.22%.
A range of important decisions were taken in the direction of strengthening social protection of the population, related to increasing wages, labor pensions, social benefits and pensions, in particular, social benefits of the low-income class.
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