Azeri central bank forex reserves rise 1% to $8.5b in June

16:00 | 08.07.2015
Azeri central bank forex reserves rise 1% to $8.5b in June

Azeri central bank forex reserves rise 1% to $8.5b in June

Azerbaijan's foreign currency reserves rose by $89.4 million to $8.5 billion in June, the central bank said on Tuesday.

Its reserves have fallen from $13.7 billion at the end of 2014 as the central bank has intervened to support the country's manat currency.

Azerbaijan's reserves rose in May by $42.9 million to $8.4 billion.
 

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