Azerbaijan’s official reserve assets exceed $10.7 bn

Baku, Fineko/abc.az. The Central Bank of Azerbaijan reports of further moderate sustained growth of official reserve assets in 2012.

The Bank informs that official reserve assets from January to June rose from $10.145 bn up to $10.767 bn. Foreign exchange reserves grew for Jan-May 2012 from $9.9 bn up to $10.5 bn and finances invested in securities from $1.86 bn up to $2.399 bn.

By 1 June 2012 Azerbaijan’s official reserve assets were estimated at 25% of its strategic foreign exchange reserves (about $43 bn).

28.06.2012 09:43

Tags: reserve assets

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