Elman Rustamov: Dollarization level in deposits fell to 66%

Elman Rustamov: Dollarization level in deposits fell to 66%
# 12 February 2018 09:27 (UTC +04:00)

Dedollarization of deposits started in economy, chairman of Central Bank of Azerbaijan Elman Rustamov said at the press conference.

According to him, dollarization in individuals’ deposits dropped from 80% to 66%.

‘Dollarization in legal entities’ deposits remain stable due to increase in the rest of currencies in their accounts and diversification of export’, Rustamov added.

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THE OPERATION IS BEING PERFORMED