Central Bank of Azerbaijan posts international reserves at $5.4 billion

Central Bank of Azerbaijan posts international reserves at $5.4 billion
# 15 January 2010 14:09 (UTC +04:00)
Baku. Aynur Veliyeva - APA-ECONOMICS. As at December 1, 2009, the Central Bank of Azerbaijan posted its international reserves at $5 365.172 million.

Of this, 5 044.108 million was the official foreign currency assets, and 321.064 million - other assets in foreign currencies, said the Central Bank.

Reserve assets in foreign currencies accounted for $4 805.827 million or 95.3% of the official foreign exchange assets, leaving $0.1 million to reserve position for the International Monetary Fund, $238.180 million or 4.7% for special drawing rights reserves (SDR).

$3 578.875 million or 74.5% of reserve assets in foreign currencies was held in other central banks and the IMF, $1 102.623 million or 23% in securities, $124.329 million or 2.5% in the reporting banks headquartered abroad.
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