Azerbaijan's strategic currency reserves exceed $54B 

Finance
  • 17 June, 2022
  • 12:36
Azerbaijan's strategic currency reserves exceed $54B 

The balance of payments (BoP) with a surplus contributes to the growth of the country's strategic foreign exchange reserves, and in the first 5 months of 2022, strategic currency reserves increased by 1.9% to $ 54.2 billion, Report informs, citing the Central Bank of Azerbaijan (CBA).

According to the Bank, the improvement of foreign sector indicators supports the balance of the foreign exchange market for the current and medium-term.

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