...

Number of foreigners paying with bank cards in Azerbaijan continues to shrink

Finance Materials 30 December 2020 13:18 (UTC +04:00)
Number of foreigners paying with bank cards in Azerbaijan continues to shrink

BAKU, Azerbaijan, Dec.30

By Zeyni Jafarov – Trend:

Foreign citizens spent 402.3 million manat ($236.6 million) in Azerbaijan through bank cards in the past eleven months of 2020, which is 2.9 times drop compared to the same period of last year, Trend reports referring to the Export Review of the Center for Analysis of Economic Reforms and Communications.

According to the review, in November this year, foreigners made transactions with bank cards in the amount of 23.2 million manat ($13.6 million), which is 3.9 times less than in the same month of last year.

In 2019, foreign citizens spent 1.257 billion manat ($739.4 million) in Azerbaijan through bank cards, and a year earlier 1.278 billion manat ($750 million).

(1 USD = 1.7 AZN on Dec.30)

---

Follow the author on Twitter: @jafarov_zeyni

Tags:
Latest

Latest