Amount of manat deposits at banks totaled AZN 8 bn


July 19, Fineko/ As of 1 June the amount of retail deposits in the national currency at banks increased by 9.6% compared with the same period of last year and amounted to AZN 8.6 bn.

The State Statistics Committee reports that 57.4% of deposits in foreign currency and 42.6% in national currency. Deposits in national currency increased by 25.8% (versus the 2018 same term) and deposits in foreign currency remained at about the same level.

In June the average exchange rate of the national currency was 1.70 manats to the US dollar (from early 2019 - 1.70 manat), 1.92 manats to the euro (from early 2019 - 1.92 manats), to 2.65 to 100 Russian rubles (from the early 2019 - 2.61 manats).