Bank Of Baku

CBA develops new strategy of currency stocks management

CBA develops new strategy of currency stocks management
# 27 December 2012 08:48 (UTC +04:00)

 

This strategy is designed for diversification of financial instruments and geographical structure of stocks in existing global economic condition. As of December 1, the CBA’s currency stocks rose 14% to $12 bln.

 

At the same time, total strategic currency stocks of the country rose 14.7% within 11 months and exceeded $ 46.5 bln. This is sufficient for financing of 3-year import and exceeds external public debt by 9 times. Strategic stocks reach 70% of GDP.

 

 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED