![The share of manat resources in the total mass for the year grew by 3 percent](https://turan.az/resized/./turan-750-500-resize.webp)
The share of manat resources in the total mass for the year grew by 3 percent
The money supply has increased in August 2013 to 226.8 million or 1.5 % to 14,731.2 million manat. Over the past 12 months, the volume of manat funds in the economy increased by 2,512.9 million or 20.7 %.
According to the Azerbaijani Central Bank, the amount of cash outside the banking system increased in August by 61.8 million or 0.7 % to 9,516.9 million manat. Non-cash decreased by AZN 165.1 million or 3.3% to 5,214.4 million manat. The share of the latter in the structure of AZN treatment increased to 35.4%.
Broad money expanded in the reporting month by 6.5 million manat, and for the year - by 2,439.3 million or 16.3 % to 17,442.3 million manat.
The volume of foreign exchange supply in the banking system declined in August to 220.2 million or 7.5% to 2711.1 million manat equivalent. During the year foreign exchange mass decreased by 2.6 %. The share of manat resources in the total money supply amounted to 84.4 % , up 3 % compared to September 1, 2012.
The total monetary base rose in August by 1.5 %, while for the year - by 16.2 % to 10,688.8 million manat. Manat monetary base increased during the reporting month to 189.2 million or 1.8 % to 10,616.8 million manat. - 15B-
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- Politics
- 7 October 2013 16:48
Economics
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Eel Electric LLC, a resident of the Agdam Industrial Park, has completed 85 percent of the construction of its power distribution equipment and power sockets plant, the Ministry of Economy announced on Monday.
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The State Tax Service (STS) of Azerbaijan has issued an urgent warning to citizens regarding a surge in fraudulent activities exploiting the name of the country's VAT refund project. According to the STS, cybercriminals have been creating counterfeit websites and online pages that closely mimic the official internet resources of the State Tax Service, luring unsuspecting citizens with promises of VAT refunds.
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On July 30, a meeting of the Working Group on "Inflation and Price Monitoring" was held under the chairmanship of the Head of the Cabinet of Ministers, Rufat Mammadov, to discuss price changes in Azerbaijan's consumer market and the government's anti-inflationary measures this year.
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Azerbaijan's foreign trade balance showed a positive surplus of $4 billion in the first half of 2024, according to data from the Central Bank of Azerbaijan (CBA) on the parameters of the interest rate corridor.
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