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Curency reserves of Azerbaijan increased

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Curency reserves of Azerbaijan increased

According to the result of the first half of this year, Azerbaijan's currency reserves made 39 401,8 mln USD.

89,13% or 35 117,9 mln USD of the amount accounted for the State Oil Fund of Azerbaijan (SOFAZ), while 10,87% or 4 283,9 mln USD for the Central Bank of Azerbaijan (CBA).

After a long break, country's currency reserves increased by 1,09 bln USD or 2,85% in the second quarter of this year (Q2). Compared with the same period last year, foreign currency reserves decreased 4 901,7 mln USD or by 11,06%.

Date
2016.07.18 / 19:59
Author
Axar.az
See also

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Oil prices rise on global energy markets

Azeri light crude rises to $122.7

Gold and silver production declines in Azerbaijan

Brent climbs above $118 per barrel

Switzerland’s FDI in Azerbaijan hits significant milestone

Oil prices continue to fall

Azerbaijan’s oil exports reach 3.6M tons in two months

Azerbaijan-US remittances rise sharply in 2025

Azerbaijan’s natural gas exports increase by 5%

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