Azerbaijan`s monetary base grew by 7.1% for May 2019

16:57 - 3.06.2019

June 3, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) published the amount of monetary base as of 1 June 2019.

The CBA reported that as of 1 June 2019 the volume of the monetary base in Azerbaijan is AZN 10.17 bn that is by 7.13% or AZN 677.3 million more than on 1 May.

As of 30 December 2018 the monetary base in Azerbaijan amounted to AZN 9.545 bn. Thus, the monetary base for five months increased by AZN 626.7 million (6.57%).

The growth of the monetary base in 2018 made up 12% or AZN 1.002 bn.

 

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