Azerbaijan's forex reserves reach nearly $84B

Kanan Sadigov
Author

Azerbaijan's strategic foreign exchange reserves have increased by $12.6 billion (+17.7%) since the beginning of the year, reaching $83.6 billion, Report informs referring to the Central Bank data.

The Central Bank holds $11.4 billion, a 4.3% increase from the same figure at the beginning of the year.

The country's foreign exchange reserves are approximately 17 times greater than its external debt.

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