Net International Reserves of CBA Drop by 16.7% for 2009
OREANDA-NEWS. January 14, 2010. In December, 2009, net international reserves (NIR) of the Central Bank of Azerbaijan (CBA) reduced by 4.6% versus November of the year but declined by 16.7% year-on-year (compared to December, 2008).
CBA reports that as of 1st January 2010 NIR of CBA amounted to AZN 4.257 million versus AZN 4.46 million as of 1st December, AZN 4.367 million by 1st November, AZN 3.886 bn as of 1st October, AZN 3.929 bn as of 1st September, AZN 3.908 bn as of 1st August, AZN 4.175 bn as of 1st July, AZN 4.133 bn as of 1st June, AZN 4.105 bn as of 1st May, AZN 4.13 bn as of 1st April, AZN 4.75 bn as of 1st March, AZN 5.071 bn as of 1st February and AZN 5.112 bn as of 1st January 2009.
By 1st January 2009 CBA had only AZN 4.307 bn of overall international assets and AZN 50.3 million of liabilities versus AZN 4.516 bn and AZN 53.3 million respectively by 1st December, AZN 4.422 bn and AZN 54.2 by 1st November, AZN 4.136 bn and AZN 248.5 million by 1st October, AZN 4.133 bn and AZN 203.4 million by 1st September, AZN 3.96 bn and AZN 54.6 million by 1st August, AZN 4.233 bn and AZN 56.8 million by 1st July, AZN 4.19 bn and AZN 57.9 million by 1st June, AZN 4.165 bn and AZN 58 million by 1st May, AZN 4.19 bn and AZN 57.7 million by 1st April, AZN 4.811 bn and AZN 57.2 million by 1st March, AZN 5.134 bn and AZN 60.7 million by 1st February, AZN 5.18 bn and AZN 64.9 million by 1st January of 2009.
Over check date net internal assets of CBA totaled AZN 650.6 million versus
(- AZN 102.2 million) on 1st December, (- AZN 153.6 million) on 1st November, AZN 293.7 million on 1st October, AZN 304.4 million on 1st September, AZN 268.9 million on 1st August, (-AZN 239.6 million) on 1st July, (-AZN 252.5 million) on 1st June, (-AZN 363.4 million) on 1st May, (-AZN 378.3 million), (-AZN 536.5 million), (-AZN 619.7 million), (-AZN 148.8 million) respectively.
As of 1st January, 2009, exchange rate was AZN 0.8029 to the US dollar.
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