Azerbaijan's Monetary Base Grows Year On Year, Showing Steady Momentum
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that this represents a slight decline of 146.1 million manat ($85.9 million), or 0.7 percent, compared to early October.
Moreover, the money supply has grown by 478.6 million manat ($281.4 million), or 2.3 percent, since the beginning of the year, and by around 920.2 million manat ($541.1 million), or 4.5 percent, compared to the same period last year.
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