23.09.2011 - Azerbaijan's strategic currency reserves top $40bln
Azerbaijan is enjoying macroeconomic stability with increasing strategic currency reserves, Economic Development Minister Shahin Mustafayev has said. "On 1 September, Azerbaijan's strategic currency reserves exceeded $40 billion, which is eight times larger than the republic's foreign debt. Azerbaijan's foreign debt at present constitutes 7% of the country's GDP," the minister said..............................................Full Article: Source
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