Azerbaijan’s FX reserves increase by 5.6%

Azerbaijan’s FX reserves increase by 5.6%
# 01 August 2018 10:48 (UTC +04:00)

"Strategic exchange reserves increase", Chairman of Central Bank of Azerbaijan (CBA) Elman Rustamov said at the press conference.

According to him, in the six months of 2018 the foreign-exchange reserves increased by $2.3 billion or 5.6% to $44.2 billion.

‘Of this, $37.7 billion belongs to SOFAZ, $1 billion to Finance Ministry, $5.5 billion to Central Bank. Central Bank’s reserves exceed import of three-month goods and services’, he said.

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