Bank Of Baku

Intrabank deals account for 72% of cashless dollar transactions

Intrabank deals account for 72% of cashless dollar transactions
# 10 November 2008 15:23 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Transactions in the US dollar totaled $19 550 039 300 on Azerbaijan’s cashless currency market in January-September, said National Bank of Azerbaijan.
The central bank said the intra-bank exchange transactions accounted for 71.9% of the total volume, leaving 18.2% to open interbank currency market and 9.9% to Bourse Electronic Exchange System (BEST) .
Sell transactions made up 59.6% of intra-bank exchange transactions, leaving 41.4% to buy deals.
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