Bank Of Baku

CBA increases foreign stocks

CBA increases foreign stocks
# 20 October 2010 13:41 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of September 1, 2010, foreign reserves of Central Bank of Azerbaijan stood at $ 6 402.515 mln, up 1.4% compared with a month ago, 24.3% with a year ago.

According to CBA, $5 924.933 mln of this sum is official reserve assets; $477.582 mln is other assets in foreign currency.

Of this, $ 5 686.146 mln or 96% is reserve assets in foreign currency, $ 0.2 mln or 0.003% is reserve position on IMF, $ 238.587 mln or 4% is reserves in Special Drawing Rights (SDR).
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