Azerbaijan's monetary base by AZN grew by 15 %

Azerbaijan
# 02 October 2019 11:57 (UTC +04:00)

On September 30 of the current year, monetary base by AZN amounted to AZN 10 217,3 mln. and this figure increased by AZN 59,7 mln. or 0,6 % during the last month, APA-Economics reports citing Central Bank of Azerbaijan.

Monetary base by AZN increased by AZN 671,6 mln. or 7 % compared to the beginning of the current year. This figure increased by AZN 1 345,8 mln. or 15,2 % compared to the same period of the previous year.

Note that the monetary base includes cash and bank reserves (free banks and mandatory reserves of commercial banks).

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