Currency reserves of the Central Bank of Azerbaijan up by 27%
As of the end of April 2024 the Central Bank of Azerbaijan had foreign currency reserves in the amount of 11,660.8 million US dollars. This is reported on the website of the structure.
According to the data, this is up by 0.1% from the end of March.
Note that the the CBA's foreign exchange reserves are up by 0.4% as compared to the end of the last year and by 26.9% over the last year.
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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