Azerbaijan Central Bank reserves fall last year

16:00 | 12.01.2015
Azerbaijan Central Bank reserves fall last year

Azerbaijan Central Bank reserves fall last year

Azerbaijan’s Central Bank has said its reserves fell 2.8 percent last year, declining to $13.8 billion as of Dec. 31 from $14.2 billion a year earlier.

The reserves shrank 8 percent in December from a month earlier, the bank said. 

It gave no reason for the sharp decline.
 
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