Azerbaijani manat's velocity of circulation decreases slightly

The velocity of circulationof the Azerbaijani manat has amounted to 4.02 points as of February 1.

The given figure is 0.51 points less than on January 1 and 0.79 points less than in February 2022, Report informs, citing the Central Bank of Azerbaijan (CBA).

According to the CBA statistics, the lowest threshold for the manat's circulation speed in the last 17 years was recorded at the end of January 2015 - 2.68 points. The highest level of this indicator was recorded in 2005 (15.72 points).