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Azerbaijan’s central bank reserves grew 66.3 percent in November from a year earlier to $11.7 billion.
As of Nov. 30, reserves fell 0.5 percent from the previous month, according to data published today on the Baku-based bank’s website. No reason was given for the decline.
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