Azerbaijan's currency reserves increased


July 28, Fineko/abc.az. As of 1 July 2021 Azerbaijan's foreign exchange reserves amounted to $50.56 bn.

ABC.AZ reports that 87.2% or $44.104 bn of them accounted for the State Oil Fund of Azerbaijan (SOFAZ) and 12.8% or $6.455 bn for the Central Bank of Azerbaijan.

Country's currency reserves grew by $1.442 bn or by 2.9% for Q2 of 2021.

Thus, SOFAZ's foreign exchange reserves increased by $1.343 bn or 3.15% and CBA’s ones by $99.1 million or 1.6%.