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10:22 22 August
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Azerbaijan sees over 2.3-fold decline in USD transactions

The volume of the foreign currency operations declined 2.12-fold in April 2017.

According to the statistics of the Central Bank, volume of currency transactions in USD decreased by 2.25-fold to $206,107,300 from $463,257,200 in April 2016.

 

During the cash foreign currency transactions, $65,567,100 were sold in April, down 2.91-fold compared to the same period of last year. At the same time, banks bought $140,540,200. This figure is 1.36-fold less than to the same period of last year, 52.95% from previous month.

 

In the reporting period, the currency transactions in Euro declined 32.14% to € 62,166,100 from €42,183,000 in the reporting period of 2016.

 

Foreign exchange cash in the amount of €18,397,800 were sold last month, down 1.81-fold compared to the same period of last year. At the same time, €23,785,200 was bought in cash. This figure is 17.39% less than the same period of last year.

 

Banks increased Euro purchase 46.69% to €23,785,200, Euro sale declined 6.91% in April.

 

 

 

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/ 23 August, 2017

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