USD operations decline 1.8-fold in Azerbaijan

USD operations decline 1.8-fold in Azerbaijan
# 15 January 2018 13:35 (UTC +04:00)

By contrast to January-November 2016, the foreign currency market declined 1.7-fold in the reporting period of 2017, APA-Economics reports according to the statistics of the Central Bank.

 

In January-November 2017, the USD operations amounted to $2,987,147,200, down 1.8-fold from $ 5,309,534,800 in the reporting period of 2016. The USD operations made up $355,219,500 in November 2017, $293,685,700 in November of 2016.

 

In the reporting period of 2017, $172,735,300 was sold, up 0.65% from previous year. At the same time, $182,484,200 was bought, up 49.49% in comparison to a year earlier.

 

Compared to October, purchase of USD by banks increased by 10.5%, sale decreased by 14.7% in November.

 

Euro operations amounted to EUR 634,999,500 in January-November 2017, down 1.3-fold from EUR 817,537,700 in 2016. In November 2017 the euro operations stood at EUR 96,228,300, up 1.6-fold from EUR 58,591,500 in November 2016.

 

In the reporting period of 2017, EUR 80,931,000 was sold, up 1.93-fold from previous year. At the same time, EUR 15,297,300 was bought, down 8.59% in comparison to a year earlier.

 

Compared to October, purchase of euro by banks decreased by 31.35%, sale – by 16.39% in November. 

 

 

 

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