Bank Of Baku

Azerbaijani population increase cash euro purchase by 75%

Azerbaijani population increase cash euro purchase by 75%
# 14 January 2013 08:27 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-ECONOMICS. Azerbaijani population purchased cash € 2,098.8 mln from banks in January-November, 2012, up 75.2% from year earlier.

 

According to Central Bank of Azerbaijan, at the same time, population sold € 272.2 mln to the banks, up 38.5% from previous year.

 

So, the population’s cash euro purchase exceeded euro sale by 7.7 times.

 

Average € 113.5 mln is purchased and € 19.9 mln - sold in Azerbaijan throughout 2011.

 

 

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