Foreign exchange reserves of Azerbaijan’s Central Bank increase over year
By Trend
Foreign exchange reserves of Central Bank of Azerbaijan Republic (CBAR) amounted to $7.2 billion, as of May 31, 2022, Trend reports with reference to CBAR.
CBAR noted that this figure is 2.04 percent or $144 million more than the previous month and 11.9 percent more compared to the same period in 2021.
According to CBAR, bank’s official foreign exchange reserves amounted to $6.4 billion as of May 31, 2021.
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