BAKU, Azerbaijan, April 1. The foreign currency reserves of the Central Bank of Azerbaijan (CBA) amounted to $11.654 billion on March 29, 2024, Trend reports.
According to calculations based on CBA data, this is 0.04 percent, or $4.1 million, more than the figure of the previous month and 27.61 percent higher than the figure for the same period in 2023.
Based on the regulator's data, the CBA's foreign exchange reserves stood at $9.133 billion on March 31, 2023, and $11.65 billion on February 29, 2024.
Azerbaijan's strategic foreign exchange reserves increased by 17 percent and amounted to $68.5 billion by the end of 2023, CBA data indicates.