Monetary Base In Azerbaijan Increases
Date
12/1/2022 9:15:58 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 1 . The
monetary base in Azerbaijan as of November 2022 amounted to 16.7
billion manat ($9.8 billion), which is higher by 17.01 percent or
2.426 billion manat ($1.43 billion) compared to the previous month,
trend reports via Central bank of
Azerbaijan.
The monetary base in November 2021 amounted to more
than 14.2 billion manat ($8.3 billion).
The monetary base includes cash, free and obligatory
reserves of commercial banks that are in circulation.
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