Azerbaijan's strategic foreign exchange reserves increased by 14.7% or 10.5 billion to $81.5 billion this year, said Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA), at a press conference held today, APA-Economics reports.
He said that the CBA's foreign exchange reserves have reached $11.31 billion.
"The country's strategic foreign exchange reserves are enough to finance goods and services for 37 months, which is a fairly high indicator," the CBA Chairman added.