Azeri Central Bank Reserves Grew 11.6% to $11.7 Billion in 2012

Azerbaijan’s central bank reserves grew 11.6 percent last year to $11.7 billion, according to data published today on the website of the Baku-based regulator.

The central bank will expand the range of investments to diversify its international reserves starting this year, it said in a statement on Dec. 27.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.