BAKU, Azerbaijan, July 2
By Zeyni Jafarov - Trend:
Foreign citizens spent 32.6 million manat ($19.1 million) in Azerbaijan using bank cards in May 2021, which is 34.2 percent more compared to May 2020, Trend reports citing the ‘Export Review’ of the Center for Analysis of Economic Reforms and Communication (CAERC) of Azerbaijan.
According to the report, in the first 5 months of 2021 alone, foreigners spent 144.8 million manat ($85.1 million) in Azerbaijan through bank cards, which is about 43.4 percent less compared to the same period of 2020.
Over 2020, foreign citizens have spent 430.2 million manat ($253 million) in Azerbaijan through bank cards, which is 65.7 percent less compared to 2019.
(1 USD = 1.7 AZN on July 2)