Azernews.Az

Saturday July 12 2025

Monetary base in Azerbaijan increases

2 December 2022 19:43 (UTC+04:00)
Monetary base in Azerbaijan increases

By Trend

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.

---

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