Azerbaijan's Central Bank increases FX reserves by almost 27%

The foreign exchange reserves of the Central Bank of Azerbaijan (CBA) reached $11.66 billion as of May 1, which is 0.1% more than on April 1, Report informs, citing the CBA.

The CBA's foreign exchange reserves increased by 0.4% compared to the beginning of the year and by 26.9% year-on-year.