Monetary base in Azerbaijan increased for November

06.12.2017,16:41


December 6, Fineko/abc.az. The monetary base in Azerbaijan observed an increase by 1.8% in November of this year.

The Central Bank of Azerbaijan informs that by 1 December the monetary base amounted to AZN 8.686 bn versus AZN 8.53 bn by 1 November, AZN 8.67 bn by 1 October, AZN 8.468 bn by 1 September, AZN 8.33 bn by 1 August, AZN 8.274 bn by 1 July, AZN 7.788 bn by 1 June, AZN 7.628 bn by 1 May, AZN 7.277 bn by 1 April, AZN 6.987 million by 1 March, AZN 7.33 bn by 1 February, AZN 7.86 bn by 1 January of 2017 and AZN 6.9 bn by 1 January of 2016.

In November of the current year its expansion amounted to AZN 155.2 million against narrowing of AZN 139.6 million in October of the year. This year the monetary base has increased by AZN 826.3 million as a whole.

The monetary base totaled AZN 11.74 bn (absolute record) on 1 September 2014.

 

Keywords: monetary base