Axar.az
UP
22 January 2018


Azerbaijani Central Bank’s currency reserves increase

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Currency reserves of the Central Bank of Azerbaijan (CBA) increased by approximately $870.2 million (21 percent) in July 2017 as compared to June 2016, and amounted to $5,033.1 million.

Axar.az reports citing website of the Central Bank of Azerbaijan.

CBA’s reserves increased by $69 million (1.4 percent) for the month, while by $1,058.7 million (26.6 percent) since early 2017.

Currency reserves of the CBA decreased by more than $1 billion or by 20.78 percent in 2016 as compared to 2015.

CBA’s currency reserves have started to decrease since July 2014. The reduction was at a slower rate (within a range of $20 million to $50 million) at the beginning, but a sharp decline began in December 2014 due to an increase in demand for dollar in the country.

During 2016, the currency reserves increased by 0.9 percent in March, 1.35 percent in April, 3.97 percent in May, 0.7 percent in August and 0.14 percent in November.

Date
2017.08.03 / 21:44
Author
Axar.az
Comments
loading...
See also

Bitcoin will rally again traders predict

Concerning' Bitcoin bounce sparked by rumors of regulation

OPEC: Oil output will decline in Azerbaijan this year

Bitcoin steadies after 26% slump

WB economist denies accusations of bias against Chile

Berlin and Paris step up push for euro zone reform deal

Zuckerberg's overhaul of Facebook cost him £2.4bn already

Azerbaijan’s 2017 state budget 98% fulfilled

Bitcoin may drop to $ 1,800 this year

Shareholders to participate in liquidation process

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla