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Azerbaijani Central Bank’s currency reserves approach $13 billion

Business Materials 20 August 2013 14:00 (UTC +04:00)

Azerbaijan, Baku, August 20 /Trend, E.Aliyev/

As of the end of July, 2013, the total volume of currency reserves of the Azerbaijani Central Bank hit $12 880.3 million, according to a report posted on the bank's official website.

According to the report, from early 2013, the currency reserves of the Central Bank increased by 10.13 per cent or by $1185.5 million. As of early 2013, the currency reserves of the Central Bank stood at $11 694.8 million.

Taking an annual calculation, the volume of currency reserves of the Azerbaijani Central Bank increased by 15.8 per cent, or by $1757.6 million.

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