Azerbaijan sees growth in monetary base

Baku. Vahab Rzayev – APA-Economics. As of January 1, 2010 the national currency (manat) monetary base stood AZN 6 397.1 million, up 31.6% or AZN 1 536.1 million compared to January, 2009, said the Central Bank of Azerbaijan.
The monetary base increased by 14.1% or AZN 791.6 mln in December, 2010.
The monetary base includes currency in circulation and reserves which commercial banks hold in their accounts with the central bank.
The monetary base increased by 14.1% or AZN 791.6 mln in December, 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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