Azerbaijan sees growth in dollarization level of deposits

Baku. 10 October. REPORT.AZ/ As of September 1, 2018, the dollarization level of savings of Azerbaijani population in the banks made up 63%, Report informs citing the Central Bank of Azerbaijan.

This figure was 62.3% as of August 1, 2018. In other words, the dollarization level increased by 0.7% in August. The dollarization level was 66.5% at the beginning of the year, 72.2% as of September 1, 2017.

As of September 1, 2018, the savings of Azerbaijani population in the banks amounted to AZN 8,020.8 million, of which AZN 5,053.9 million are in foreign currencies.