Baku 22° C
Monetary base in Azerbaijan sharply decreased
Finance
- 09 March, 2015
- 10:49
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 9 March. REPORT.AZ/ In February 2015, the monetary base in the country decreased by 12% and on March 1 this year amounted to 9 109, 9 million manats.
Report was told in the Central Bank of Azerbaijan, since the beginning of the year, the monetary base decreased by 21% or 2,440 million manats.The monetary base reflects the amount of free reserves of banks and cash in circulation. The main reduction occurred in the cash turnover. Presumably, some of the cash withdrawn from circulation by conversion of foreign currency.
Author
Latest News
18:30
Ilham Aliyev proposes scholarships for Lao students in Azerbaijan
Foreign policy
18:23
Azerbaijan's agricultural output rises 1.1% in January-September
AIC
18:14
Photo
Ali Asadov chairs meeting on oil refining and petrochemical development
Energy
18:13
'One nation, two states': Who gave anyone the right to dictate to Azerbaijan?
Analytics
18:10
President Ilham Aliyev's social media accounts feature Lao leader's official visit
Foreign policy
18:07
Photo
Presidents of Azerbaijan and Laos deliver press statements - UPDATED
Foreign policy
17:51
Nakhchivan's foreign trade turnover up over 67%
Business
17:48
Ukrainian MP thanks Azerbaijani President for humanitarian aid
Other countries
17:44
Shavkat Mirziyoyev to arrive in Azerbaijan tomorrow
Foreign policy