Central bank`s currency reserves top $11bn
Currency reserves of the Central Bank of Azerbaijan (CBA) increased by $564.8 million (5.4 per cent) in the second quarter of 2012, amounting to over $11.046 billion as of July 1, the bank said. In 2012, the central bank expects about $3 billion increase in its currency reserves. In 2010, the CBA`s reserves made up about $6.407bn, and in 2011 - $10.481bn.
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