Bank Of Baku

Azerbaijan sees a 91% rise in cash dollar transactions

Azerbaijan sees a 91% rise in cash dollar transactions
# 13 April 2009 16:35 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. 1 519 424 000 dollars worth of cash dollar exchange transactions were carried out in Azerbaijan during January-February, up 91.1% on the same period last year, said National bank of Azerbaijan.
According to statistics, “we buy” transactions accounted for $216 858 700, leaving $1 302 565 300 for “we sell” transactions.
Compared to a year ago, dollar sales dropped by 3.6% but dollar purchase increased by 2.3 times.
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