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Foreign exchange reserves of Azerbaijan approach $ 40 bln
Finance
- 20 July, 2017
- 08:34
Baku. 20 July. REPORT.AZ/ Total volume of foreign currency reserves amounted to $39, 755 mln as of July 1, 2017.
Report informs, 87,51% or $34 790,9 mln accounted for the State Oil Fund of Azerbaijan (SOFAZ) and 12,49% or $4 964,1 mln for Central Bank of Azerbaijan (CBA). In second quarter of this year foreign exchange reserves increased by 2 115,1 mln USD or 5,62%. In Fund's reserves an increase made 1 502,7 mln USD or 4,53%, while in Central Bank's reserves was 531,4 mln USD or 11,99%.
Last year, total foreign exchange reserves increased by 353,2 mln USD 0,9%. During the year Fund's foreign exchange reserves decreased by 408 mln. USD or 1,16%. Central Bank's reserves increased by 680,2 mln. USD or 15,88%.
| Fund's foreign currency reserves (mln $) | Central Bank's foreign currency reserves(mln $) | Azerbaijan's total foreign currency resources (mln $) | |
| 01.07.2017 | 34 709,9 | 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 |
| 01.07.2016 | 35 117,9 | 4 283,9 | 39 401,8 |
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