TODAY.AZ / Business

Foreign currency assets to exceed external liabilities

15 March 2006 [16:00] - TODAY.AZ
As for January 1, 2006, foreign currency reserves of Azerbaijan increased by 29.8% to $394 million.

Foreign debt has totaled $1 bln 650 mln. Thus, foreign debt to GDP ratio made up 12.8% in 2006, down from 18.6% in 2004, AzerTAg reports.

Foreign currency assets exceed Azerbaijan's external liabilities by 45% or $744 million.

URL: http://www.today.az/news/business/24158.html

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