Currency reserves of Azerbaijan’s Central Bank boom

post-img

As of June 1, 2024, the currency reserves of the Central Bank of Azerbaijan (CBA) exceeded $11.71 billion, up 0.5% from May 1, 2024, Report informs, citing the bank.

At the same time, the CBA's foreign currency reserves for the reporting period rose by 0.9% compared to the beginning of the year, and grew by 27.7% year-on-year.

Economy