ADB: Next year CBA’s foreign exchange reserves may exceed USD 10 bln.

ADB: Next year CBA’s foreign exchange reserves may exceed USD 10 bln.
# 20 December 2022 12:40 (UTC +04:00)

Foreign exchange reserves of the Central Bank of Azerbaijan (CBA) will reach USD 9.2 bln, APA-Economics reports citing the report of Asian Development Bank (ADB).

According to the report, the foreign exchange reserves of CBA have forecasted USD 10,2 bln.

Note that as of November 30 of this year, the reserves of CBA are USD 7,969 bln. Last time foreign exchange reserves were more than USD 9 bln. in March 2015.

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