On the strategic currency reserves

Azerbaijan's strategic reserves to July 1, 2014 amounted to $ 54 billion 412 million (+ $ 4.18 billion. YTD).

As stated in the review of the Central Bank of the Republic of Azerbaijan on monetary policy in the first half of the year, from January to July the strategic currency reserves of the country increased by 8.3%, which makes it possible to replace three-year imports of goods and services.

Azerbaijan's strategic currency reserves are formed from the reserves of the Central Bank, the assets of the State Oil Fund of the Treasury and the Ministry of Finance funds. --17D-

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