Foreign exchange reserves of CBAR decreased by 14% in March

Baku. 13 April. REPORT.AZ/ Volume of official foreign exchange reserves held by the Central Bank of Azerbaijan (CBA) for March 2015 decreased by 1 532.3 million dollars, or 13.9%.As a result, the volume of official foreign exchange reserves amounted 9 472.1 million dollars as of April 1.

Report informs referring to the CBA, the volume of foreign exchange reserves declined by 4 286.2 million dollars, or 31.1% compared to the beginning of the year.

By the end of March 2014 the volume of foreign exchange reserves amounted to 14 715.7 million dollars.Over the last year the volume of currency reserves fell by 5 243.6 million dollars, or 35.6%.