Baku. Vahab Rzayev – APA-Economics. As of January 1, 2014, the national currency (manat) monetary base stood AZN 11,641.9 mln, up 10.7% or 1,126.9 mln compared to previous year, said the Central Bank of Azerbaijan.
The monetary base increased by 7.9% or
Note that, the monetary base includes currency in circulation and reserves which commercial banks hold in their accounts with the central bank.