Dollarization rate in Azerbaijan falls below 70%

Baku. 8 December. REPORT.AZ/ Dollarization rate of population’s bank deposits in Azerbaijan totaled 69.92% as of November 1. But a month before this figure was 71.78%, as of January 1 - 79.63%.

Report informs referring to Central Bank of Azerbaijan (CBA), dollarization rate in total deposit basis as of November 1 was 74.4%, as of October 1- 74.6%, as of January 1- 75.29%, as of November 1, 2016- 75.5%.

Dollarization in the loans as of November 1 totaled 41.14%. As of October 1, dollarization rate was 41.99%, as of January 1, 47.32% as of November 1, 2016 has made 46.21%.