Azerbaijani Currency Market Increases by 8.3% in 2009
OREANDA-NEWS. February 15, 2010. The Central Bank of Azerbaijan (CBA) summarized implementation of monetary policy during last year.
CBA informed that over 2009 the country’s currency market grew by8.3 %: from USD 34.612 billion in 2008 to USD 37.498 billion in 2008. Basis of the market was made by intrabank conversion (58.1% of turnover) and interbank currency market (37.8%).
84% of currency turnover fell on American currency, 12.1% - euro and 1.2 % - Russian ruble. Only 2.7% of turnover fell on other all currencies.
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