Azerbaijani central bank's currency reserves hit $12.5 billion
The total amount of currency reserves held by the Central Bank of Azerbaijan (CBA) reached $12.572 billion by the end of May, the bank said in a statement posted on its website.
According to the statement, since the beginning of the year currency reserves have risen by 7.5 percent, or $877.5 million.
The Central Bank's foreign exchange reserves amounted to $11.694 billion in early 2013.
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