Central Bank of Azerbaijan
First Deputy CEO of Central Bank of Azerbaijan (CBA) Alim Guliyev said that CBA continued purchasing currency in national market in 2010.
“Since the beginning of the year currency in the amount exceeding $10 million was bought,” A. Guliyev said.
At the same time, nominal reduction of currency reserves of CBA is registered from the start of the year.
“Here revaluation of currency reserves play its role and their reduction wa connected with exactly change of rates of euro and US dollar,” A. Guliyev said.
At present, the most part of currency reserves of CBA is kept in US dollars and smaller ones – in euros.
Let’s remind that in January to February 2010 currency reserves of CBA reduced by $101.1 million.
On 1 March 2010, volume of the Bank’s currency reserves made $5.07 bn versus $5.139 bn on 1 February, $5.175 bn - on 1 February 2010 and $6.137 bn – on 1 January 2009.
Fineko/abc.az
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