In Azerbaijan for the year increased demand for the Russian ruble

В Азербайджане за год вырос спрос на российский рубль

The Central Bank of Azerbaijan reported that during the year the country’s banks more than halved the sale of dollars at the same time, the sale of Russian rubles increased, the Agency reports Trend.

“In October 2016, banks sold 253,81 million dollars. Compared to the previous month, the sales dollars increased by almost 14%, while compared to October 2015 – more than halved. In October 2016, banks bought 159,27 million dollars, which is 1.5% more than in September and 45.2% less than in October of 2015”, — stated in the message Agency.

According to the Central Bank of Azerbaijan, buying banks in Russian rubles for the month dropped 2.9%, while compared to October 2015 — increased by 27.1%. Selling rubles per month increased by 13.6%, and the year – by 2.2 times.

According to Trend, Azerbaijan has 32 banks, including two with state participation.