Azerbaijan’s monetary reserves jump

The official monetary reserves of the Central Bank of Azerbaijan (CBA) increased by $102.3 million (one per cent) in January 2012, the CBA said on Monday.

According to the CBA, the monetary reserves of the bank amounted to 10.583.8 billion in January 2012, an increase of 61.2 per cent compared to January 2011.

In 2010, the CBA's reserves amounted to 6.407.6 billion, and in 2011 - 10.481.5 billion. In 2012, the Central Bank expects about $3-billion increase in its monetary reserves.


/Trend/