Dollarization rate of bank deposits in Azerbaijan soars again

Baku. 9 August. REPORT.AZ/ The dollarization rate on bank deposits of the Azerbaijan's population has made 73,38% as of July 1, 2017. Last month, this indicator was 74,52%, 75,29% as of January 1, and 80,21% in the corresponding period of 2016.

Report informs referring to the Central Bank of Azerbaijan (CBA), dollarization rate on the total deposit base made 76,77% as of July 1. Last month, this indicator was 75,2%, 75,29% as of January 1, 2017, 80,21% in the corresponding period of 2016.

The dollarization rate was 42,65% as of July 1, 2017, 47,32% as of January 1, 48,11% as of July 1, 2016. The dollarization rate made 45,75% as of June 1, 2017.