Cash balance decreased by 7% in Azerbaijan

Cash balance decreased by 7% in Azerbaijan The volume of the issue of money in comparison with last year increased by 35 times
Finance
September 15, 2015 16:38
Cash balance decreased by 7% in Azerbaijan

Baku. 15 September. REPORT.AZ/ Cash flow of cash money supply for manat in January-July 2015 culminated in the remainder of 438.7 million manats.

Report informs referring to the Central Bank of Azerbaijan Republic (CBAR), it is by 32.9 mln manats or 7% less than the same period last year.

During the reporting period, revenues totaled 25.3 billion manats, which is by 2.2 billion manats or 10.6% more than the same period of last year. In January-July, the payment of expenses amounted to 21.5 billion manats, which is by 1.4 billion manats or 6.1% less compared with last year.

As a result, the monetary emission in comparison with last year grew 35 times and amounted to 3.8 bln manats.

Daily average emissions was 18 mln. manats.

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