Bank Of Baku

Azerbaijan sees a decline in cash dollar transactions

Azerbaijan sees a decline in cash dollar transactions
# 28 December 2010 14:05 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Population’s “we buy” transaction from banks made USD 4 569 008 500, “we sell” transaction made USD 1 116 616 700 during January-October, 2010. According to Central Bank of Azerbaijan “we buy” transaction decreased by 13.2%, “we sell” transaction by 10.8% compared to a year ago.

At the same time, the cash dollar purchase exceeds the cash dollar selling by 4.1 times.

Remind that, the population carried out USD 1 418 760 000-selling, USD 5 807 164 200-purchase during 2009.
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