Currency reserves of CBA increase by 13% from beginning of year
  • ECONOMY

  • 13:30 13 December 2019

Currency reserves of CBA increase by 13% from beginning of year

Strategic currency reserves of Azerbaijan increasing by 12.7% or by USD 5,7 bln. have amounted to $ 50,4 bln. on condition of balance of payment surplus from beginning of the year, Central Bank of Azerbaijan told ONA.

Rising process of economic growth rate is continuing.

According to official statistics, in January-October of the current year, real economic growth rate has been 2.1% in comparison with the same period of the previous year. Economic growth rate was 3.6% in non-oil sector and it was related to commercial sector. An increase of 15.7% has been observed in non-oil sector, while 7.3% in agriculture.

ONA

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