Azeri central bank’s currency back to growth
The currency reserves of Azerbaijan’s Central Bank increased in
June following a trend of reductions reported for several months,
the bank said.
The figure rose 2%, or $109.7 million, in comparison with May, to exceed $5.470 billion.
The Central Bank’s currency reserves increased 7.7%, or $390m compared to June 2009, when the figure stood at around $5.80bn.
A record level in the bank’s currency reserves was reported in December 2008, which the indicator hit $6.137bn.*
The figure rose 2%, or $109.7 million, in comparison with May, to exceed $5.470 billion.
The Central Bank’s currency reserves increased 7.7%, or $390m compared to June 2009, when the figure stood at around $5.80bn.
A record level in the bank’s currency reserves was reported in December 2008, which the indicator hit $6.137bn.*
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