Annual inflation made up 15,6% in October, said the chairman of Central Bank of Azerbaijan (CBA) Taleh Kazimov in his speech on draft of the state budget for 2023, APA-Economics reports.

“In 10 months of the current year strategic foreign exchange reserves increased by 6% to exceed AZN 55 bln. The foreign exchange reserves of the Central Bank increased by 10.3% and reached USD 7,8 bln,” said the CBA chairman.

Source: Azeri-Press News Agency