BAKU, Azerbaijan, October 31. Azerbaijan's foreign exchange reserves are expected to reach $9.2 billion in 2023, Trend reports.
The report by the International Monetary Fund (IMF) shows that Azerbaijan's foreign exchange reserves will amount to $9.4 billion in 2024.
The financial institute estimates that Azerbaijan's foreign exchange reserves amounted to $9 billion in 2022.
The data from the Central Bank of Azerbaijan (CBA) shows that currency reserves amounted to over $9.7 billion as of September 29, 2023.
The calculations based on CBA data show that this is 4.4 percent ($410.9 million) more than the previous month's figure and 27.5 percent higher year-on-year.