Azerbaijan population increases cash dollar purchasing by 50%

Azerbaijan population increases cash dollar purchasing by 50%
# 11 January 2013 09:22 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-November, 2012, the amount of cash dollar sold to population by Azerbaijani-based banks made $8,321.2 mln, up 49.7% from a year earlier. The amount of cash dollar purchased from population rose 44.2% to $2,413.0 mln.

So, cash dollar purchase exceeded sale by 3.5 times.

Note that, in 2011, about $536.8 mln cash dollar was purchased from the banks in Azerbaijan per month, while $162.2 mln was sold. These indexes reached $755.7 mln and $219.3 mln during 11 months of 2012.

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