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    Currency reserves in Azerbaijan annually grew 11%

    87,03% accounted for SOFAZ, while 12,97% the CBA

    Baku. 8 February. REPORT.AZ/ Total volume of currency reserves in Azerbaijan amounted to $ 41 141,1 mln as of January 1, 2018.

    Report informs, 87,03% or $ 35 806,5 mln accounted for the State Oil Fund of Azerbaijan (SOFAZ) and 12,97% or $ 5 334,6 mln for Central Bank of Azerbaijan (CBA).

    In the Q4 2017, currency reserves decreased by $ 46,4 mln or 0,11%. SOFAZ's reserves decreased by $ 213,5 mln or 0,59%, while in the CBA's reserves increased by $ 167,1 mln or 3,23%.

    During a year, total currency reserves increased by $ 4 019,7 mln or 10,83%. During this year, SOFAZ's currency reserves increased by $ 2 659,5 mln or 8,02%,  the Central Bank's reserves increased by $ 1 360,2 mln or 34,22%. 

    SOFAZ's currency reserves (mln $) CBA's currency reserves (mln $) Azerbaijan's total currency
    resources (mln $)
    01.01.2018 35 806,5 5 334,6 41 141,1
    01.10.2017 36 020,0 5 167,5 41 187,5
    01.07.2017 34 790,9 4 964,1 39 755,0
    01.04.2017 33 207,2 4 432,7 37 639,9
    01.01.2017 33 147,0 3 974,4 37 121,4
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