Azerbaijan sees monetary base up in February

Azerbaijan sees monetary base up in February
# 03 March 2010 13:06 (UTC +04:00)
Baku. Vahab Rzayev – APA-ECONOMICS. As of March 1, 2010 the national currency (manat) monetary base stood AZN 4658.1 million, up 13% or AZN 530.3 million, said the Central Bank of Azerbaijan.

Also, money stock increased by 2.2% or AZN 99 million in February, 2010.


The monetary base includes currency in circulation and reserves which commercial banks hold in their accounts with the central bank.


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