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IMF: Official foreign exchange reserves of CBA to exceed USD 7 bln. at the end of the year

According to the updated forecasts of the International Monetary Fund (IMF), the official foreign exchange reserves of the Central Bank of Azerbaijan (CBA) will reach $ 6.9 billion by the end of this year, according to a report of IMF, APA-Economics reports.

The reserves are expected to reach USD 7,1 bln. in 2022.

Source: Azeri-Press News Agency