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Foreign exchange reserves in Azerbaijan annually grow 3%

Foreign exchange reserves in Azerbaijan annually grow 3%
The figure was $ 41 187,5 mln as of October 1

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%.

  SOFAZ's for. cur. reserves (mln $) CBA's for. cur. reserves (mln $) Azerbaijan's total foreign currency
resources (mln $)
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
01.10.2016 35 822,1 4 132,7 39 954,8
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