Azernews.Az

Wednesday July 2 2025

Azerbaijan's monetary base significantly increases

11 January 2022 19:28 (UTC+04:00)
Azerbaijan's monetary base significantly increases

By Trend

As of December 30, 2021 the monetary base of Azerbaijan amounted to 17.9 billion manat ($10.5 billion), which records an increase of 25.6 percent, or 3.6 billion manat ($2.1 billion) compared to the December 1, 2021, Trend reports referring to the Central Bank of Azerbaijan.

The monetary base has increased by 32.2 percent on an annual basis as well.

The composition of the monetary base includes cash and free banking and required reserves of commercial banks in circulation.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more