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Azeri central bank’s currency nearly $7bn

13 July 2011 10:06 (UTC+04:00)
Azeri central bank’s currency nearly $7bn

BAKU – The currency reserves of Azerbaijan Central Bank increased 8.4 percent in the first half of 2011 to over $6.947 billion, it said.

The bank predicts that its currency reserves will exceed $8 billion by the end of the year.

As of the end of 2010, the figure stood at $6.407bn.

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