Bank Of Baku

Azerbaijan sees rise in cash dollar transactions

Azerbaijan sees rise in cash dollar transactions
# 22 August 2011 08:54 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Population’s “we buy” transaction from banks made USD 777.1 mln, “we sell” transaction made USD 2.591 mln during January-June, 2011. According to Central Bank of Azerbaijan “we buy” transaction increased by 34.9%, “we sell” transaction increased by 7.3% compared to a year ago.

Interest to cash the dollar remains high - this currency transactions annually grows by 35-40%. This is because the dollar is used as the cumulative currency, major surgery was also held in dollars and etc.
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