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Azerbaijan’s foreign exchange reserves reach $89.4 billion

Azerbaijan's foreign exchange reserves rose by $4.3 billion and reached $89.4 billion, according to Central Bank Chairman Taleh Kazimov.

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Azerbaijan's foreign exchange reserves reach $89.4 billion
Economy — F4Media
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Azerbaijan's strategic foreign exchange reserves rose by $4.3 billion and reached $89.4 billion. Central Bank of Azerbaijan (CBA) Chairman Taleh Kazimov announced this at a press conference in Baku on October 29.

According to Kazimov, the country's strategic foreign exchange reserves are sufficient to cover 40 months of imports of goods and services.

Information on the dynamics is provided by the state news agency AZERTAC, which was the first to report the statement by the CBA chairman.

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Azerbaijan’s foreign exchange reserves reach $89.4 billionvoiced by F4Media