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Azerbaijan currency reserves top USD 10 billion

By M. Alkhazashvili
(Translated by Diana Dundua)
Wednesday, May 14
Azerbaijanís currency reserves increased 406 times between 1994 and 2007, according to a representative of the countryís national bank.

Data from May 1 shows Azerbaijanís strategic currency reserves to be over USD 10 billion, of which USD 4.3 billion are reserves of the National Bank of Azerbaijan, the news agency Regnum reports.