Bank Of Baku

Creation of money increases sharply, in Azerbaijan

Creation of money increases sharply, in Azerbaijan
# 04 February 2011 11:23 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The cash inflow through Azerbaijani banking system made AZN 19 793.715 mln, up 7.6% from year ago. CBA says cash outflow made AZN 21 078.612 mln, up 14.3% compared to a year ago.

Thus, AZN 1 280.460 mln-creation of money has been realized in 2010, including inflow and outflow, up 14.8 times from 2009.
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