Azerbaijan’s bank reserves increased by nearly 7% in a year

Azerbaijan’s bank reserves increased by nearly 7% in a year

Azerbaijan, Baku, Jan. 7/ Trend /

The monetary base in Azerbaijan in 2012 showed continued growth; between January and November of 2012, expansion of the monetary base in the country totaled 9.4 billion manat.

According to the Azerbaijani Central Bank's statistics data, the annualized monetary base increased by 25.8%, as compared with the beginning of last year's 11.05%. For comparison: as of December 1, 2011 the rate was 7.4 billion manat, as of January 1, 2012 it was 8.4 billion manat.

According to the Central Bank of Azerbaijan, as of December 1, 2012, the monetary base totaled 9.346 billion Manat compared to 9.299 billion (the previous absolute record) as of October 1, 2011, 8.275 billion manat as of January 1, 2012 and 7.417 billion manat as of December 1, 2011.

During this reporting period, money in circulation amounted to 8.826 billion manat, while as of December 1, 2011 this figure was 6.937 billion manat, as of January 1, 2012 it was 7.658.5 billion manat.

The bank reserves were equal to 579 million manat or by 6.6% more than those on December 1, 2011 (542.9 million manat), and by 29.9% less than the index as of early 2012 (826.4 million manat).

The ratio of the mass of cash in circulation to the money base amounted to 93.6% during the reporting period compared to 92.6% as of December 1, 2011 and 90.2% as of January 1, 2012.

The official exchange rate for January 7 is 0.7847 AZN / USD.

Turkish Energy Ministry prolongs Shell, Turcas Petrol's licenses for oil, gas exploration
Turkish Energy Ministry prolongs Shell, Turcas Petrol's licenses for oil, gas exploration
Number of COVID-19 vaccinated people in Azerbaijan continues to grow
Number of COVID-19 vaccinated people in Azerbaijan continues to grow
Azerbaijan's export to France lowers in value terms from early 2021
Azerbaijan's export to France lowers in value terms from early 2021
Loading Bars
Latest
Iran prepares program to increase potential of cargo transportation via railway
First foreign trip in 15 months, PM Modi to visit Bangladesh on March 26
Turkish Energy Ministry prolongs Shell, Turcas Petrol's licenses for oil, gas exploration
Women deployed aboard Indian Navy warships after almost 25 years
44 companies given FDI approvals for joint production of defence items with foreign companies: Naik
Number of COVID-19 vaccinated people in Azerbaijan continues to grow
Georgia decreases imports of Turkish-made steel
Georgia opens air communication with Turkmenistan
Azerbaijan's export to France lowers in value terms from early 2021
Armenia decides to terminate powers of UNICEF representative in country
Iran's Economic Council approves several plans
Kazakhstan increases imports of UAE-made goods in 2020
Google to support 1 million women entrepreneurs in rural India
FMs of Turkey, Uzbekistan sign co-op program for 2022-2023
Navy, Army and IAF finally agree to procure armed drones from US in $3 bn deal
Turkey shares Jan. 2021 data on cargo movement via Botas port
Azerbaijan ranks first in Georgia’s electricity imports - analyst
Housing prices surge in Kazakhstan
Kazakhstan boosts trade with Afghanistan
Uzbekistan’s export of tomatoes significantly increases
Establish of joint industrial town with Azerbaijan - achievement of Iran's economic development
Kazakhstan's KazTransOil reports increase in net profit for 2020
Uzbekistan, Iran talk prospects for dev’t of trade, economic relations
Uzbekistan increases flights to Kazakhstan
Ceyhan terminal transships over 38 million tons of ACG oil since early 2021
SHELL & TURCAS PETROL A.S. reduces petroleum products’ sales in Turkey
Azerbaijani oil prices up
Azerbaijan IT company eyes co-op with banking sector
Gold price in Azerbaijan decreases
Turkmennebit opens tender for purchase of spare parts
Turkey releases 2M2021 data on cargo, passenger traffic at new Istanbul Airport
Kazakhstan's Air Astana opens tender to buy batteries
Pellet plant put into operation in Iran's Yazd Province
BP PETROLLERİ A.S. boosts jet fuel exports
Khazar Consortium opens tender for batteries purchase
Switzerland nearly doubles imports of Azerbaijani products
U.N. envoy in Doha to push on Afghan peace process
IsDB, IRTI, and ADB Co-host GVC Side-event at 52nd Session of UN Statistical Commission
Latvia eyes intensification mutually beneficial co-op with Uzbekistan
Iran's Bank Refah Kargaran unveils amount of issued loans
Azerbaijan shows footage from Fuzuli's Gorazilly village (VIDEO)
Consuls General of Azerbaijan and Turkey meet Pakistani American community leaders (PHOTO)
Uzbekistan reveals its COVID-19 data for March 9
Big investments made in Iran's industrial sector
Iranian currency rates for March 9
Azerbaijani currency rates for March 9
Iran to provide water for more villages in seven of its provinces
Iran's Securities and Exchange Organization calls to solve cryptocurrency issue
Oil prices rise on expected economic recovery, likely drawdown in oil stocks
Iran bans travels to some cities due to COVID-19
WHO supportive of electronic vaccination certificates — department chief
Italy's coronavirus deaths top grim milestone of 100,000
Estonia introduces strict one-month quarantine from March 11
EFSE sets to deepen engagement with Georgian financial institutions
Israel reports 3,130 new COVID-19 cases, 804,591 in total
WHO calls for strengthening women's leadership during COVID-19
Number of new COVID-19 cases in Spain continues to fall
PayPal buys Israeli cyber security company
France reports 359 new COVID-19 deaths, ICU admissions hit new high
EU to receive 100 mln vaccine doses per month from April: von der Leyen
Canada set to mourn COVID-19 victims, salute health workers on March 11
UK PM says higher risk of virus transmission "inevitable" as schools reopen in England
Finnish researchers develop nasal spray COVID-19 vaccine
Germany starts easing COVID-19 lockdown
Conversations ongoing on potential projects between Turkmenistan, UK
Exports to Iraq via Mehran crossing top $460m
Turkey passes 10 million mark in COVID-19 vaccinations
Georgian parliamentary committees to hear report on HPP construction
Official representative of Presidential Administration of Azerbaijan thanks Israel for medical assistance - Israel HaYom
UN chief urges countries to adopt special measures, quotas to advance women's equal participation
UK records another 4,712 coronavirus cases
Supreme Court rejects final Trump election challenge
India may start full operations at Chabahar port by May end
Iran profits from gas transmission development
Georgia 1st among best destinations for vaccinated travellers in 2021
Erdogan, Johnson discuss bilateral developments over phone
Electricity consumption in February amounted to 1.6 bln kWh in Kyrgyzstan
US coronavirus cases exceed 29 mln
Yellen says Biden COVID bill to fuel 'very strong' U.S. recovery
Iran's budget deficit decreases
Iran's Energy Exchange announces products to be on sale on March 9
Africa's confirmed COVID-19 cases pass 3.96 mln: Africa CDC
Syria's President Bashar al-Assad tests positive for Covid-19
Employment in Iran's industrial sector increases
Bulk of Jan.2021 loans to electric energy sector in Azerbaijan issued in foreign currency
Azerbaijan confirms 71 more COVID-19 recoveries
Loading-unloading of cargo in ports of Iran's Gilan Province expands
Iran's power consumption reduced by Omid plan
Iran to inaugurate more projects in free economic zones
Iran has developed steel supply chain - Iranian President
Iran's Securities and Exchanges Organization talks number of investors in capital market
Iran’s Bahar Azadi gold coin price rising
Volume of dry-farming land in Iran increases
Iran's NISOC begins excavations on its territory
Iran’s South Pars Gas Company reveals production data of its refinery
Iran waits for Europeans to comply with the JCPOA - MFA
Iran to make decision whether to open schools after Nowruz holiday
Production of LPG-fueled cars in Iran's interests - Chamber of Commerce
Armenia's war crimes exposed at UN Congress
Azerbaijan sees growth in Jan.2021 transactions via clearing system for small payments
All news