Azerbaijan sees 3.4 times decline in USD transactions

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# 14:52
10 March 2017

APA reports according to the statistics of the Central Bank, the volume of currency transactions in USD decreased by 3.41 times to $179,751,900 from $612,494,700 in January 2016.

 

During the foreign currency transactions, $121,516,300 were sold in January, down 3.23 times compared to the same period of last year. At the same time, $58,235,600 was bought. This figure is 3.77 times less than to the same period of last year.

 

In the reporting period, the currency transactions in Euro declined 1.95 times to € 18,134,200 from €35,298,900 in the reporting period of 2016.

 

Foreign exchange cash in the amount of €12,555,800 were sold last month, down 2.22 times compared to the same period of last year. At the same time, €5,578,400 was bought. This figure is 25.33% less than the same period of last year.

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