$ 15,7 million lost in monetary reserves of Azerbaijan’s Central Bank

$ 15,7 million lost in monetary reserves of Azerbaijan’s Central Bank Monetary reserves of the Central Bank of Azerbaijan have started to drop in Q1 2013. In January 2013, the Central Bank’s reserves were valued at $11,964 billion. In February, the value of the reserves dropped by $15,7 million to $11,948 billion, as of March 1, 2013. CESD experts believe that the primary reasons for the decreased value of the monetary reserves are two-fold: First,... Read More