Foreign exchange reserves of Central Bank reduced again

Foreign exchange reserves of Central Bank reduced again The official foreign exchange reserves of the CBA close to 4 billion
Finance
November 2, 2016 12:34
Foreign exchange reserves of Central Bank reduced again

Baku. 2 November. REPORT.AZ/ Volume of official foreign exchange reserves of the Central Bank of Azerbaijan (CBA) on November 1, 2016 amounted to 4 005.5 million USD.

Report informs referring to the CBA, foreign exchange reserves as compared with October 1, decreased by 127.2 million USD, or 3.08%.

Over the last year the bank’s foreign exchange reserves fell by 2.829 billion USD, or 41.39%, compared with the beginning of the year by 1.011 billion USD, or 20.16%.

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