...

Azerbaijani banks almost triple their reserves

Business Materials 10 September 2016 13:29 (UTC +04:00)

Baku, Azerbaijan Sept. 10

By Anvar Mammadov - Trend:

The bank reserves in Azerbaijan amounted to 2.17 billion manats as of Aug. 1, 2016, or 2.8 times more compared to late July 2015 (777.8 million manats), read a report issued by the
country's Central Bank (CBA).

Official exchange rate on Sep. 10 is 1.6403 AZN/USD.

The report said the extended monetary base in the country as of August 1, 2016, neared 8.62 billion manats, or 10.6 percent more compared to the same period 2015.

Tags:
Latest

Latest