Bank Of Baku

Banks sold $78M and €100M in six months – central bank

Banks sold $78M and €100M in six months – central bank
# 12 August 2016 15:14 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. According to Monetary Policy Review of the Central Bank of Azerbaijan for January-June 2016, the USD operations fell 2.9 times and EUR operations – 2.8 times in the currency market.  

 

79% of operations was consumed in USD, 21% in EUR. Decline of currency market was also observed in cash foreign currency market. USD sold by banks in January-June 2016 dropped 73 times to $78 million, EUR slipped 4.4 times to EUR 100 million. 

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