Monetary base in Azerbaijan grows by 11%

As of July 1, the monetary base in Azerbaijan is 20.401 billion manats (just under $12 billion), Report informs, citing the Central Bank of Azerbaijan.

This figure is 2.3% more than the one on June 1.

The monetary base in the country decreased by 2.3% compared to the beginning of the year but increased by 10.9% YoY.