Bank Of Baku

Cash euro transaction rises in Azerbaijan

Cash euro transaction rises in Azerbaijan
# 30 December 2010 15:40 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based banks reported €90 843 300 for “we buy” transactions and €892 043 200 for “we sell” transactions in euro for January-November, rose by 53.5% and 34.7%, compared with a year ago, said the Central Bank of Azerbaijan.

So that population increases interest to the cash euro and the main cause of this is changeability of currency price in 2010.
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