BAKU, Azerbaijan, Mar.2
By Zeyni Jafarov – Trend:
Cash exchange operations in Azerbaijan were conducted mainly in the US dollar, British pound sterling, euro, and Russian ruble in January 2021, Trend reports citing the statistical report of the Central Bank of Azerbaijan (CBA).
“In January 2021, local banks purchased $67.73 million and ensured the sale of over $325.4 million. Over the year, the purchase of the dollar through banks decreased by 47.6 percent, while the sale increased by 47.8 percent,” the CBA report said.
Along with this, a purchase of 302,300 British pounds was made, which shows a plunge of 88.3 percent in annual terms. The sale of the British currency by banks was estimated at 669,000 pounds, down 81.5 percent over the year.
Moreover, local banks bought 3.96 million euro, a decrease in annual circulation by 2.95 times, and sold – 10.55 million euro, a decrease of 2.9 times.
In January this year, a little over 1 billion Russian rubles have been purchased, which is 24.4 percent less than in the same month of 2020. The sale of 139.4 million Russian rubles also showed an annual decline of 57.3 percent.
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