Population`s manat deposits increased at banks of Azerbaijan

17:58 - 15.09.2020


September 15, Fineko/abc.az. According to the Central Bank, as of 1 August 2020 the amount of population’s deposits at banks in the equivalent of the national currency increased by AZN 67.8 million up to AZN 7.8 bn.

ABC.AZ reports with reference to the State Statistics Committee that 52.6% of deposits are placed in foreign currency and 47.4% in national currency.

Deposits in national currency decreased by 1.6% versus the same term of 2019, while deposits in foreign currency decreased by 15.4%.

In August the average exchange rate of the national currency to the US dollar was AZN 1.70 (at the beginning of the year – AZN 1.70), to the euro – AZN 2.01 (AZN 1.90), to 100 Russian rubles – AZN 2.31 (AZN 2.43).

 

Other news