TODAY.AZ / Business

Country's currency reserves to reach $80 billion soon

18 March 2006 [21:18] - TODAY.AZ
Azerbaijani government will benefit $100 million from management of strategic currency funds in 2006.

The government plans to deposit $2,4 billion reserves of the State Oil Fund and the National Bank in highly rated banks.

Meanwhile International Monetary Fund predicts currency reserves of Azerbaijan will reach $80 billion in upcoming years, ANS informs.

URL: http://www.today.az/news/business/24273.html

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