S&P: CBA currency reserves to grow by 7%

Tural Ibadli
Author

Baku. 28 January. REPORT.AZ/ At the end of 2019, the reserves of the Central Bank of Azerbaijan’s (CBA) will increase by $460 million or 7.31% to settle at $6.754 billion, Report informs citing Standard&Poors Global Ratings.

In 2018, CBA reserves rose by $959 million or 17.98% at $6.294 billion: "The CBA currency reserves will reach $7.211 billion in 2020 and $7.671 billion in 2021."

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