BAKU, Azerbaijan, Aug. 31
By Zeyni Jafarov - Trend:
Currency exchange operations in Azerbaijan were carried out mainly in USD, British pounds, euros and Russian rubles from January through July 2021, Trend reports with reference to the statistical report of the Central Bank of Azerbaijan (CBA)
During the specified period, local banks purchased more than $119 million and sold $94.2 million, the report said.
Accordingly, the purchase of dollars by banks increased by 24.2 percent on annual basis, while sales decreased by 37.1 percent, the CBA noted.
In the same period, banks purchased 548,900 pounds ($755,000), which is a 38.1 percent growth over the year. At the same time, Azerbaijani banks sold 878,600 pounds or $1.2 million (a decline of 1.3 percent over the year).
Also, during this period, local banks purchased 3.22 million euros or $3.8 million (an increase in annual terms of 27.6 percent), and sold - 17.4 million euros or $20.5 million (a decrease of 17 percent).
At the same time, banks purchased 1.75 billion Russian rubles ($23.8 million), which is 28.7 percent more than a year earlier, and sold 182.6 million Russian rubles or $2.49 million (an increase of 7.3 percent).
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