Bank Of Baku

Azerbaijan population increases cash dollar purchasing by 70%

Azerbaijan population increases cash dollar purchasing by 70%
# 22 August 2012 09:28 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Amount of cash dollar sold by population via commercial banks made $ 4,353 mln, in January-June, 2012, up 68.0% compared with a year ago.

Population’s purchase cash dollar from banks made $ 1,443 mln, up 85.7% from year early, Central Bank of Azerbaijan told APA.

So, population’s cash dollar purchase exceeded sale by 3 times.

Note that, population purchased average $536.8 mln and sold 162.2 mln during 6 months of 2012.
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