Azerbaijan's strategic currency reserves sharply increased over the last 5 years
Azerbaijan's strategic currency reserves sharply increased over the last 5 years
11:30     11 November 2021    
Azerbaijan's strategic currency reserves have increased by USD 12.8 bln. or 34.5% over the last 5 years (2016-2021), APA-Economics reports citing report of State Oil Fund of the Republic of Azerbaijan (SOFAZ) on 2020.
Azerbaijan's strategic currency reserves have increased by USD 12.8 bln. or 34.5% over the last 5 years (2016-2021), APA-Economics reports citing report of State Oil Fund of the Republic of Azerbaijan (SOFAZ) on 2020. According to the report, while strategic currency reserves of the country in 2016 made up USD 37.1 bln., their volume in 2020 increased up to USD 49.9 bln.
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