Bank Of Baku

CBA sterilizes $ 1.4 bln-currency in 2010

CBA sterilizes $ 1.4 bln-currency in 2010
# 11 February 2011 15:09 (UTC +04:00)
Baku. Vahab Rzayev – Apa-Economics. The Central Bank of Azerbaijan has realized the price policy in the extension condition of supply channels in currency market in 2010 and realized $ 1 385.3 mln-currency sterilization, in 2010.

CBA says it implemented $ 1 260 mln-currency sterilization in domestic currency market, in 2009.

Net cash foreign currency brought by CBA to the country decreased by 6.1%, net cash exchange operations by 3.2% compared to 2009.

In general, the exchange rate of manta against dollar strengthened 0.65% in 2010.
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