Baku 16° C
Demand for euro up by 36% in Azerbaijan
Finance
- 07 November, 2016
- 14:22
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 7 November. REPORT.AZ/ As exchange transactions in cash foreign currency by Azerbaijani population, net purchases of euro from the commercial banks increased by 35.85% in monthly comparison and made 35 265 100 in September 2016.
Report informs citing the Central Bank of Azerbaijan (CBA), in 9 months of 2016, commercial banks carried out 193 141 800 net sale of euro. In August, net purchases of euro by the population from commercial banks made 25 959 000.
Last September, net sales volume of euro made 70 629 600.
The analytical group of Report News Agency considers that increase in demand for European currency is due to total demand for foreign currency in the domestic market.
Author
Latest News
23:47
US federal judge Alvin Hellerstein dies at 92
Other countries
23:28
Erdoğan, Trump discuss bilateral ties and regional developments
Region
22:51
Fed holds rates steady at 3.75%–4%, signals possible further hikes
Other countries
22:36
Azerbaijan, FAO discuss cooperation and future prospects
Foreign policy
22:24
Erdoğan, Tokayev discuss bilateral cooperation in Ankara
Region
22:21
Photo
Azerbaijan, Sudan discuss prospects for cultural cooperation
Culture
22:09
President Ilham Aliyev offers condolences to Spain over train tragedy
Foreign policy
21:43
Photo
Heydar Aliyev Foundation and ICESCO sign new cooperation agreement
Cultural policy
21:41
Azerbaijan, Slovakia welcome launch of direct air connection
Tourism