Azerbaijan sees rise in deposits in foreign currency

Azerbaijan sees rise in deposits in foreign currency
# 02 December 2016 14:04 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of November 1, 2016, deposits placed by the population in the banks amounted to AZN 7,413,100,000, of which AZN 1,397.6 million (18.85%) are in national currency, AZN 6,015,500,000 (81.15%) in foreign currency.

 

Compared to the previous year, the personal savings declined AZN 326.2 million or 18.9%. Savings in foreign currency increased AZN 566.4 million or 10.4%.

 

Along with this, manat deposits slid AZ 28.4 million or 1.99%, the deposits in foreign currency slipped AZN 372.3 million or 5.83% in October. 

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