CBA head: Azerbaijan's foreign exchange reserves increased by 3.5%

17:34 - 25.10.2022


October 25, Fineko/abc.az. According to the macroeconomic results of the last 9 months, Azerbaijan's GDP grew by 5.6% in real terms and reached $98 bn.

ABC.AZ reports, quoting CBA chairman Taleh Kazimov as saying this at a meeting with MPs at Milli Majlis.

According to Kazimov, in the nonoil sector this figure is 10.1%. He added that our country’s foreign trade turnover amounted to $19.2 bn.

"Foreign exchange reserves grew by 3.5%. Central Bank’s reserves increased by 8.4% up to $7.7 bn," CBA head emphasized.