Baku. Musa Ahmadov – APA-Economics. The new exchange rate regime allows preservation of central Bank’s reserves, APA-Economics reports citing to Monetary Policy Review of the Central Bank of Azerbaijan.
According to the review, as of July 1, 2016, central Bank’s foreign currency reserves make $4.3 billion, up 5.4% from the end of the first quarter. CB’s reserves are in excess of norms of international practice.