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Azerbaijan’s monetary base observes rise in October

05.11.2018,17:04


November 5, Fineko/abc.az. The monetary base in Azerbaijan increased by 7.14% in October of the year.

According to the CBA, the monetary base in Azerbaijan amounted to AZN 9.15 bn as of 1 November.

The CBA reports that on 1 October 2018 country’s money supply totaled AZN 8.87 bn versus AZN 8.318 bn on 1 September, AZN 8.89 bn on 1 August, AZN 8.588 bn on 1 July, AZN 8.404 bn on 1 June, AZN 8.413 bn on 1 May, AZN 9.47 bn on 1 April, AZN 9.18 bn on 1 March, AZN 8.76 bn on 1 February, and AZN 8.543 bn on 1 January 2018.

Azerbaijan’s monetary base increased by AZN 610.1 million or 7.14% over Jan-Oct 2018.

 

Keywords: monetary base