"S&P": CBA’s currency reserves to increase by over 20% until 2024 - FORECAST

"S&P": CBA’s currency reserves to increase by over 20% until 2024 - FORECAST
  • Clock-gray 11:58
  • calendar-gray 27 January 2020

"S&P Global Ratings" international rating agency forecasts that the currency reserves of the Central Bank of Azerbaijan (CBA) will increase by 20.2% and will reach US$ 7.521 bln. until 2024, "APA-Economics" reports citing the rating agency.

 

"S&P" forecasts that the currency reserves of CBA will reach US$ 6.525 bln. in 2020, US$ 6,992 bln. in 2021, and US$ 7.364 bln. in 2022.

Mirsaid İbrahimzade

Other news