BAKU, Azerbaijan, February 1. The Central Bank of Azerbaijan's (CBA) foreign currency reserves amounted to $11.6 billion on January 31, 2023, Trend reports, referring to CBA.
CBA calculates that this is 0.21 percent or $24 million more than the figure of the previous month and 28.43 percent higher than the figure for the same period of 2022.
According to the regulator, the CBA's foreign exchange reserves stood at $9 billion as of January 31, 2023, and $11.6 billion as of December 30, 2023.
The CBA data shows that Azerbaijan's strategic foreign exchange reserves increased by 17 percent and reached $68.5 billion in 2023.
