Foreign curency reserves of Central Bank increased

Foreign curency reserves of Central Bank increased Over the last year the reserves have reduced by 57%
Finance
April 4, 2016 09:50
Foreign curency reserves of Central Bank increased

Baku. 4 April. REPORT.AZ/ Volume of official foreign exchange reserves of the Central Bank of Azerbaijan (CBA) on April 1, 2016 amounted to 4 065.8 million USD. Report informs referring to the Central Bank, foreign currency reserves increased by 39.5 million USD, or 1%, compared with the state on March 1, 2016.

Notably, the volume of currency reserves decreased by 950.9 million USD, or 19%, in comparison with the state on January 1, 2016. In comparison with the same period of last year, decline made of 5 406,3 million USD or 57.1%.

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