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Azeri central bank’s currency reserves down 16%

12 January 2010 06:25 (UTC+04:00)
Azeri central bank’s currency reserves down 16%
The currency reserves of Azerbaijan’s Central Bank dwindled 15.6% to $5.175 billion in 2009, a source from the bank said.
As of January 1, 2009, the figure amounted to $6.137 billion, but it decreased by $961.4 million by the end of the year.
The lowest level of the Central Bank’s currency reserves last year was reported at $4.787bn in July.*

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