Monetary base decreased in Azerbaijan

Baku. 4 May. REPORT.AZ/ The monetary base in Azerbaijan as of May 1, 2018 was 8 413 million AZN.

Report informs citing the Central Bank of Azerbaijan, it is by 1 058 million AZN less compared to the figure of April 1.

Compared with the beginning of the year, the monetary base in the country decreased by 130.2 million AZN or 1.52%, for the year it grew by 784.5 million AZN or 10.29%.

Notably, since December 2017, the monetary base for the first time demonstrates a reduction.