USD 1.7

Baku 26 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Azerbaijanâ€™s strategic currency stocks reach $40 bln

Azerbaijanâ€™s strategic currency stocks reach $40 bln

11 November 2011 14:05 (UTC +04:00)

According to APA-economics, strategic currency stocks are enough to pay the 3-year import of goods and services, this was reflected in the CBAâ€™s Monetary Policy Review on January-September.

According to review, hat, according to balance o payment of 2010, Azerbaijanâ€™s annual import of goods and services made $ 10.273 bln.

As you see, SOFAZâ€™s funds are equal to 30-month, CBAâ€™s funds â€“ to 8-month.

At present, strategic currency stocks/GDP ratio is near 65%, upper 7 percentage points that 2010.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED