31.12.2010 - Azerbaijan’s strategic reserves increase 47pct
From News.az: Azerbaijan's strategic currency reserves were $30bn as of 1 December, an increase of 47% since the start of the year. The strategic currency reserves consist of the currency reserves controlled by the Central Bank, the assets of the State Oil Fund and the Finance Ministry's treasury funds. The Central Bank of Azerbaijan gave the figures today in a statement on monetary and credit policy in 2011. "In the first 11 months of 2010 Azerbaijan's strategic currency reserves were $30bn, which allows the import of goods and services to be covered in three years," the statement says..............................................Full Article: Source
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