In July, CBA"s Foreign Exchange Reserves Rose by 0.7%

Official foreign exchange reserves of the Central Bank of Azerbaijan (CBA) amounted to $ 11,122.7 million on August 1, 2012.

According to CBA, in July, foreign exchange reserves increased $ 76.4 million, or 0.7%, and since the beginning of the year they increased $ 641.2 million or 6.1%.

Over the past 12 months the reserves of the Central Bank increased $ 4,048.9 million or 57.2 percent.

The current level is the historical maximum for foreign currency reserves. - 15B -

 

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