Bank Of Baku

Azerbaijan sees a 77.1% year-on-year rise in cash dollar transactions

Azerbaijan sees a 77.1% year-on-year rise in cash dollar transactions
# 04 June 2009 13:57 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. 2 997 795 900 dollars worth of cash dollar exchange transactions were carried out in Azerbaijan during January-April, up 77.1% on the same period last year, said Central Bank of Azerbaijan.

According to statistics, “we buy” transactions accounted for $388 762 700, leaving $2 609 033 200 for “we sell” transactions.

That is to say, dollar purchase exceeded dollar sales by 6.7 times.
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