Bank Of Baku

Azerbaijan sees decline in monetary base

Azerbaijan sees decline in monetary base
# 07 November 2016 08:21 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of October 1, 2016, the monetary base stood at AZN 7,985.9 million, down AZN 551.6 million or 7.42% from previous year.

 

Central Bank of Azerbaijan told APA-Economics that the monetary base declined AZN 492 million or 5.8% in September. Compared to early 2016, the monetary base increased AZN 425.2 million or 5.62% in September. 

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