TODAY.AZ / Business

Azerbaijan's monetary reserves go down

25 February 2008 [18:27] - TODAY.AZ
The volume of official monetary reserves of the National Bank of Azerbaijan made up $3,923,600,000 as of February 1 of 2008 which is a 98.9% rise as compared to February 1 of 2007.

The due announcement was made by a source from the National Bank of Azerbaijan, APA reports.

As is reported, in January the volume of official monetary reserves has fallen down by 2.3%.

On the whole, in 2007 the monetary reserves of the central bank have risen by 2.04 times up to $4,015,300,000.

It should be reminded that the volume of official monetary reserves of the National Bank, rose by $1,006,000,000 or by more than 2 times (105%) and reached $1,967,300,000 in 2006.

/APA/
URL: http://www.today.az/news/business/43364.html

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