OREANDA-NEWS. April 03, 2012. This year the monetary base in Azerbaijan returns to the last year’s phenomenal growth. In March, it rose by 6.7% compared to February, when its rise was 2.94%.

The Central Bank of Azerbaijan informs that as of 1 April 2012 the monetary base amounted to AZN 8.347 bn (absolute record) compared to AZN 7.825 bn by 1 March, AZN 7.6 bn by 1 February, AZN 8.275 bn by 1 January 2012 and AZN 6.397 bn by 1 January 2011.

Last year, the monetary base grew by 29.4%, and in 2012 its rise still makes up 0.9%.