Bank Of Baku

Azerbaijan sees decline in positive balance on current transfers

Azerbaijan sees decline in positive balance on current transfers
# 16 June 2010 10:58 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The total amount of transactions on current transfers with foreign countries made AZN $ 478.4 mln, in the first quarter of 2010, in Azerbaijan. 57.7% of this is premiums, Central Bank of Azerbaijan told APA.

93.9% of total premiums on current transfer are money orders which transferred to individual persons from abroad, 2% importing humanitarian goods, 4.1% other premiums.

The positive balance of transaction on current transfers makes $ 73.6 mln, down by 2.3 times compared with a year ago.
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