Total foreign exchange reserves of Azerbaijan up by 553 mln USD

Total foreign exchange reserves of Azerbaijan up by 553 mln USD SOFAZ's foreign exchange reserves increased, reserves of the Central Bank reduced
Finance
October 12, 2016 16:16
Total foreign exchange reserves of Azerbaijan up by 553 mln USD

Baku. 12 October. REPORT.AZ/ The total volume of foreign exchange reserves amounted to 39 954,8 mln USD as of October 1, 2016. Report informs, 89.66% or 35 822,1 mln. USD of them accounted for the State Oil Fund of Azerbaijan (SOFAZ), 10.34% or 4 1327 mln. USD for Central Bank (CBA).

In the third quarter of this year, the country's foreign exchange reserves increased by 553 mln. USD or 1.4%.

In past three months,SOFAZ's  foreign exchange reserves increased by 704,2 mln USD, the Central Bank's reserves dropped by 151,2 mln USD.

Azerbaijan's currency reserves declined by 1,798 bln. USD or 4.31% comparing with the same period last year.

  Foreign exchange reserves of SOFAZ (mln. USD) Foreign exchange reserves of CBA (mln. USD) Foreign currency reserves of Azerbaijan (mln. USD)
01.10.2016 35 822,1 4 132,7 39 954,8
01.07.2016 35 117,9 4 283,9 39 401,8
01.04.2016 34 246,0 4 065,8 38 311,8
01.01.2016 33 574,1 5 016,7 38 590,8
01.10.2015 34 738,1 7 014,7 41 752,8

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