Monetary base in Azerbaijan up by nearly 17%

As of October 1, the monetary base in Azerbaijan is nearly 20.9 billion manats ($12.29 billion), 1.7% more than on September 1, Report informs, citing the Central Bank of Azerbaijan (CBA).

The country's monetary base increased by 0.1% compared to the beginning of the year and by 16.8% year-on-year.

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