Azeri central bank’s currency reserves up $102m
Currency reserves of the Central Bank of Azerbaijan (CBA) increased by $102.3 million (one percent) in January 2012, the CBA said on Monday.
According to the bank, the currency reserves amounted to over $10.583 billion in January, an increase of 61.2 percent compared to January 2011.
The figure made up $6.407bn in 2010 and $10.481bn in 2011.
In 2012, the central bank expects a $3 billion increase in its currency reserves.
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