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Central Bank’s currency reserves increased by $1.9 million in October

05.11.2018,16:37


November 5, Fineko/abc.az. Azerbaijan Central Bank’s currency reserves increased by $1.9 million or 0.03% in October against September of the year.

According to the CBA, as of 1 November 2018 currency reserves reached $5.536 bn compared to $5.534 bn on 1 October, $5.503 bn on 1 September, and $5.546 bn on 1 August.

"As of 1 July CBA currency reserves amounted to $5.512 bn, as of 1 June $5.47 bn, on 1 May $5.465 bn, on 1 April $5.508 bn, on 1 March $5.387 bn, on 1 February $5.38 bn and on 1 January $5.334 bn," the CBA said.

Thus, for Jan-Oct 2018 CBA's foreign exchange reserves increased by $201.8 million or 3.78%. Last year CBA currency reserves grew by 34.2%.