Central Bank of Azerbaijan soars currency reserves 34%

Namig Huseynov
Author

Baku. 15 January. REPORT.AZ/ Currency reserves of the Central Bank of Azerbaijan (CBA) amounted to $ 5 334.6 mln. as of January 1, 2018.

Report informs citing the CBA, this is $ 80.4 mln (1,53%) more than compared to December 2017.

In 2017, foreign exchange reserves of the bank increased by $ 1 360.2 mln. (34,22%).

Other News

CBA chairman links pace of economic diversification to 2027–2030 reforms 16 October, 2026 / 18:41
Taleh Kazimov: Rising oil and gas prices increase Azerbaijan's current account surplus 16 October, 2026 / 18:34
Azerbaijan's central bank forecasts inflation at 6.1% in 2026 and 5.8% in 2027 16 October, 2026 / 18:24
Baku expected to host Global Conference on State-Owned Enterprises in 2027 16 October, 2026 / 17:54
CBA, Swiss National Bank mull macroeconomic stability initiatives 16 October, 2026 / 15:10
Finance Ministry: Changes in oil prices may affect Azerbaijan's State Oil Fund assets by up to $1.8B 16 October, 2026 / 12:13
Azerbaijan Central Bank discusses cooperation with ADCB and UBS Asset Management 16 October, 2026 / 12:01
IsDB, WB to expand co-financing of development projects in member countries 16 October, 2026 / 10:33
Azerbaijan's investment expenditures to nearly double in 2027 16 October, 2026 / 10:12
WB mobilizes around $100M in private capital in Azerbaijan in fiscal year 2026 16 October, 2026 / 10:08
CBA currency exchange rates (16.10.2026) 16 October, 2026 / 09:16
Key indicators of world commodity, stock, and currency markets (16.10.2026) 16 October, 2026 / 09:11
Azerbaijan's economy expected to attract almost $64 billion by 2030 16 October, 2026 / 08:20
Azerbaijan's external debt servicing to exceed AZN 1.4 billion 16 October, 2026 / 08:04
Azerbaijan to spend nearly $8B on reconstruction of liberated territories 16 October, 2026 / 07:50
Azerbaijan revises 2027 budget revenue forecast upward 16 October, 2026 / 07:25
Azerbaijan publishes Medium-Term Expenditure Framework for 2027-2030 15 October, 2026 / 23:49
Global economic developments and their impact on Azerbaijan discussed in Bangkok 15 October, 2026 / 17:16
ING lowers its inflation forecast for Azerbaijan for 2026 15 October, 2026 / 17:10
ING Group: Azerbaijan's economy to grow by average of 2.3% in 2026-2028 15 October, 2026 / 17:03