Bank Of Baku

Azerbaijan population increases cash dollar purchasing by 54%

Azerbaijan population increases cash dollar purchasing by 54%
# 29 December 2012 13:20 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. In January-October, 2012, the amount of cash dollar sold to population by Azerbaijani-based banks made $7,493.6 mln, up 54.3% from a year earlier. The amount of cash dollar purchased from population rose 44.9% to $2,291.2 mln.

 

So, cash dollar purchase exceeded sale by 3.3 times.

 

Note that, in 2011, about $536.8 mln cash dollar was purchased from the banks in Azerbaijan, while $162.2 mln was sold. These indexes reached $749.4 mln and $229.1 mln. 

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