Baku 4° C
CBA: Strategic currency reserves exceed external public debt threefold
Finance
- 15 February, 2019
- 06:26
Baku. 15 February. REPORT.AZ/ In 2018, the strategic currency reserves of Azerbaijan rose by 7.1% or $3 billion to $44.9 billion, Report informs citing the Central Bank of Azerbaijan (CBA).
Strategic reserves are sufficient for covering import of goods and services within 31 month, exceed external public debt threefold, and is 5.3 times as high as money supply.
Author
Latest News
17:59
Azerbaijan imports 13,457 tons of peat worth $2.26M
Business17:47
'There are no pressing security threats to Greenland': US Democratic senator
Other countries17:41
Bitcoin price falls below $95,300
ICT17:21
Zelenskyy: Ukraine needs to boost electricity imports amid Russian strikes
Other countries17:09
Trump invites Erdogan to join Gaza peace board as founding member
Region16:54
Seven detained at unauthorized protest near Iranian embassy in Yerevan
Region16:41
More than 100 dead in torrential rains and floods across southern Africa
Other countries16:23
Azerbaijan imports 84 tons of cloves worth $667,000
Business16:06