Bloomberg News

Azerbaijan Central Bank Reserves Increased 7.6% to $11.3 Billion

September 04, 2012

Azerbaijan’s central bank reserves grew 7.6 percent from the end of last year to $11.3 billion as of Aug. 31.

Reserves increased 59 percent from the same period a year earlier, the central bank in the capital, Baku, said on its website.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net


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