Central Bank
This October net international reserves (NIR) of the Central Bank (CB) of Azerbaijan grew by 7.3% versus September of the year but declined by 13.4% year-on-year (compared to October 2008).
Since December 2008 Bank’s NIR decline has reached 18.4%.
The CB reports that as of 1st November CB’s NIR totaled AZN 4.171 bn versus AZN 3.886 bn as of 1st October.
By 1st November 2009 the CB had only AZN 4.422 bn of overall international assets and AZN 250 million of liabilities versus AZN 4.136 bn and AZN 248.5 million by 1st October.
Fineko/abc.az
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