Azerbaijan sees decline in cash in circulation

Azerbaijan sees decline in cash in circulation
# 09 October 2015 14:09 (UTC +04:00)

Central Bank of Azerbaijan told APA-Economics that the cash in circulation dropped AZN 895.2 mln or 12.76% in August.

Generally, this process has started since August 2014. Since that time, the cash in circulation increased only in May. The cash in circulation slipped AZN 10 mln or 0.09 in August, 2014, AZN 92.1 mln or 0.83% in September, AZN 48.4 mln or 0.44% in October, AZN 38.2 mln or 0.35% in November, AZN 109.8 mln or 1% in December, AZN 700.6 mln or 6.46% in January, 2015, AZN 1,444.2 mln or 14.24% in February, AZN 645.6 mln or 7.42% in March, AZN 1,046.6 mln or 12.09% in April, increased AZN 120.5 mln or 1.72% in May, declined AZN 45 mln oir 0.63% in June and AZN 70.7 mln or 1% in July.

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