Baku: Azerbaijan’s monetary base experienced a decrease of more than 1% as of August 1, this year, totaling AZN 21.24 billion.

According to Azeri-Press news Agency, citing data from the Central Bank of Azerbaijan (CBA), the monetary base saw a 1.1% reduction over the last month. In contrast, there was a 2.5% increase in the monetary base when compared to the same period last year.