Central bank currency reserves on downward trend
The currency reserves of Azerbaijan’s Central Bank continue to
decrease, with the trend reported last year maintained in January
2010, according to the bank.
The figure edged down 0.7% to $5.139 billion last month. Over the past month, the reduction in reserves constituted $36.1 million.
In comparison with January 2009, the reserves decreased $836m, or 14%. Thus, the indicator was $5.975bn a year ago.*
The figure edged down 0.7% to $5.139 billion last month. Over the past month, the reduction in reserves constituted $36.1 million.
In comparison with January 2009, the reserves decreased $836m, or 14%. Thus, the indicator was $5.975bn a year ago.*
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