Bank Of Baku

Azerbaijan population increases cash dollar purchasing by 24%

Azerbaijan population increases cash dollar purchasing by 24%
# 15 May 2013 12:51 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. In January-March, 2012, the amount of cash dollar sold to population by Azerbaijani-based banks made $2,400.6 mln, up 24.3% from a year earlier. The amount of cash dollar purchased from population rose 12.4% to $573.2 mln.

 

So, cash dollar purchase exceeded sale by 4.2 times.

 

Note that, in 2012, about $764.1 mln cash dollar was purchased from the banks in Azerbaijan, while $216.3 mln was sold. These indexes made $800.2 mln and $191.1 mln in Q1 of this year.

 

 

 

 

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