In the condition of profitable balance of payments strategic foreign exchange reserves increased by 2,8% from the beginning of the year and reach USD 52,3 bln, the information of Azerbaijani CBA reads, APA-Economics reports.

Note that according to the updated forecasts of the Asian Development Bank, at the end of this year, Azerbaijan’s strategic foreign exchange reserves will increase by 0,4% to reach USD 50,1 bln.

Source: Azeri-Press News Agency