Azerbaijan's currency reserves exceed $55 bn

12:29 - 28.10.2022


October 28, Fineko/abc.az. Azerbaijan's foreign exchange reserves have increased by 3.5% since the beginning of this year and reached $55.1 bn.

ABC.AZ reports that CBA chairman Taleh Kazimov said this at an online press conference.

He added that this makes it possible to finance 35-month imports.

"Including the Central Bank's foreign exchange reserves have grown by 8.4% since the beginning of this year to $7.7 bn," the chief banker emphasized.