Foreign exchange reserves in Azerbaijan annually grow 3%

Baku. 20 October. REPORT.AZ/ Total volume of foreign currency reserves in Azerbaijan amounted to $ 41 187,5 mln as of October 1, 2017.

Report informs, 87,45% or $ 36,02 mln accounted for the State Oil Fund of Azerbaijan (SOFAZ) and 12,55% or $ 5 167,5 mln for Central Bank of Azerbaijan (CBA).

In the third quarter of 2017, foreign exchange reserves increased by $ 1 432,5 mln or 3,6%. In the SOFAZ's reserves the growth has made $ 1 229,1 mln or 3,53%, while in the CBA's reserves was $ 203,4 mln or 4,1%.

During a year, total foreign exchange reserves increased by $ 1 232,7 mln or 3,09%. During this year, SOFAZ's foreign exchange reserves increased by $ 197,9 mln or 0,55%. Central Bank's reserves increased by $ 1 034,8 mln or 25,04%.