Baku. Vahab Rzayev-APA-Economics. As of December 1, 2010, cash circulation rate stood at 7.3, down 0.9 point in comparison with 2009, 1.7 point with 2008.
Cash circulation rate is accounted as GDP/cash money supply in national currency ratio, and indicates circulation time of monetary unit in economy and accountings.
Being of cash circulation rate at the level of 4-5 is acceptable at world practices and this index is above norm in Azerbaijan.
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Finance
BSTDB has financed over €9 billion in projects since its establishment – Vice President
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