Money transfers to Azerbaijan drop by 31%

Over Jan-Feb 2024, Azerbaijan's banks received 317.9 million manats through fast money transfer systems.

banks.az reports with reference to the Central Bank of Azerbaijan that the amount of finances sent abroad from Azerbaijani banks totaled 87.4 million manats.

Compared with Jan-Feb 2023, money transfers to Azerbaijan decreased by 31.2% or by 144.5 million manats, and transfers from Azerbaijani banks abroad by 29.6% or by 36.7 million manats.