CB currency reserves declines $197 mln during past four months

CB currency reserves declines $197 mln during past four months
# 05 January 2015 11:57 (UTC +04:00)

Baku – APA-Economics. As of December 1, 2014 the volume of official currency stocks of the Central Bank of Azerbaijan stood at $14,996.3 mln, up $1,253.8 mln or 9.12% from a year ago.

According to CBA, the volume of currency stocks $37.3 mln or 0.25% decreased compared to last month.

CB currency stocks decline since July (compared to per past month).

The growth rate of the currency stocks also declined compared to 2013. 2013 growth of the currency stocks made $2,457.2 mln, while it was $777 mln in January-November, 2014. Along with this, the growth was $1,778.5 mln in January-November, 2013.

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