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Central Bank of Azerbaijanâ€™s foreign exchange reserves increase in November

Central Bank of Azerbaijanâ€™s foreign exchange reserves increase in November

07 December 2009 09:03 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. As of December 1, the Central Bank of Azerbaijanâ€™s official foreign exchange reserves stood at US$5 181.1 million, down 3.1% or $167.5 million from a year ago.

According to statistics, foreign exchange reserves declined by 15.6% or $955.9 million during January-November but went up by 1.7% or AZN 88.2 million in November alone, said the Central Bank of Azerbaijan.

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