Azerbaijan's currency reserves approach $ 51 bln
  • ECONOMY

  • 11:18 30 December 2019

Azerbaijan's currency reserves approach $ 51 bln

In the balance of profitable payments, strategic currency reserves of Azerbaijan increased by 13,7 % since the beginning of the year amounted to 50,9 bln. and this also surpasses GDP, ONA reports citing the statement of the Central Bank of Azerbaijan on the Main Directions of the Monetary Policy and Financial Stability Policy for 2020 and the Medium Term.

In the current year, assets of the State Oil Fund passed $ 40 bln. for the first time. The Central Bank's  currency reserves increased by 11% in 2019 to $ 6,2 bln.

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