Bank Of Baku

Azerbaijan sees 31% rise in domestic currency market

Azerbaijan sees 31% rise in domestic currency market
# 08 June 2009 16:12 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s domestic currency market grew by 31.4% year-on-year during January-April to AZN 8 484 839 100, said Central Bank of Azerbaijan.

The dollar exchange transactions amounted to 9 330 415 700, euro exchange transactions amounted to 822 043 200, pound sterling transactions reached 17 677 400 and rouble transitions totalled 4 371 336 400.

Given that the average monthly amount for January-April 2008 was AZN 1.615 billion and this figure was AZN 2.214 bullion for the full year of 2008, the average reached AZN 2.121 billion in January-April 2009.
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