Currency reserves of Azerbaijan Central Bank grow first time since August 2014

Currency reserves of Azerbaijan Central Bank grow first time since August 1, 2014 The Central Bank of Azerbaijan (CBA) reports that devaluation of the national currency has finally helped to save its currency reserves from fall: in May they demonstrated growth for the first time since August 1, 2014. The CBA reports that as of 1 June 2015 its billion US currency reserves totaled $ 8.43 versus $ 8.397 billion US by 1 May, $9.47 bn by 1 April, $11.004 billion US by 1 March, $12.68... Read More