Azerbaijan draws its foreign exchange reserves closer to $ 70 billion

If in 2003 Azerbaijan's currency reserves totalled $1.6 billion, today this figure stands at $69.5 billion. This was stated by President Ilham Aliyev on 14 February at the inauguration ceremony in Milli Majlis. "Look how much we have increased our foreign currency reserves over these 20 years. This is one of the key factors that gives us economic and financial independence," he said. The head of state also stressed that whi...

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