Azerbaijan's currency stocks increased by 6.7% year-on-year

11:39 - 19.04.2022

April 19, Fineko/abc.az. As of 1 April 2022, the currency stocks of Azerbaijan stood at $52.4 bn. Of them, 86.4% or $45.26 bn belonged to the State Oil Fund of Azerbaijan (SOFAZ) and 13.6% or $7.136 bn to the Central Bank of Azerbaijan (CBA).

ABC.AZ reports that compared with Jan-Mar 2021, country’s currency stocks rose by $3.28 bn or 6.7%.

Year-on-year, the foreign exchange reserves grew by $2.28 bn or 6.7%. SOFAZ’s reserves increased by $2.502 bn or 5.9% and CBA stocks by $780.3 million or 12.3%.