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Azerbaijan sees 2.5 times decline in foreign currency transactions

02 December 2016 15:16 (UTC +04:00)

APA reports according to the statistics of the Central Bank, as of November 1, the volume of currency transactions in USD decreased by 2.67 times to $5,015,849,100 from $13,405,778,500 in 2015.

During the foreign currency transactions, $2,695,694,100 were sold in January-October, down 3.83 times compared to the same period of last year. In the ten months of this year, $2,320,155,000 was bought. This figure is 1.33 time less than to the same period of last year.

In the reporting period, the currency transactions in Euro declined 1.49% to € 758,946,200 from €1,131,908,900 in 2015.

Foreign exchange cash in the amount of €495,671,200 were sold in ten months of this year, down 1.86 times compared to the same period of last year. In January-October, €263,275,000 was bought. This figure is 25% more than the same period of last year.