Azerbaijan reports increase in monetary base

The Central Bank of Azerbaijan (CBA) has said that the monetary base in the country totalled over 15.6 billion manats ($9.2 billion) in June.

The indicated amount shows a growth of 5.2 per cent compared to the early June figure, Report informs, citing the CBA.

According to the country’s financial market regulator, compared to the beginning of 2022, the monetary base decreased by 12.7 per cent in the past month and increased by 13.4 per cent over the last year.