Money supply increases by 11% in Azerbaijan from beginning of year

Money supply increases by 11% in Azerbaijan from beginning of year
  • Clock-gray 13:35
  • calendar-gray 30 December 2019

As of December 1, 2019, the volume of wide money supply has amounted to AZN 26 742,2 mln, which is AZN 295,3 mln. or 1.1% more in comparison to the previous month, Central Bank of the Republic of Azerbaijan told APA-Economics.

This indicator has increased by 11.1% or AZN 2 681,8 mln. since the beginning of the year, and in comparison to the same period of the previous year has increased by 12.7% or AZN 3 014,7 mln.

As of the beginning of December of the current year, the volume of money supply in the country has amounted to AZN 16 663,4 mln. This indicator has increased by 2% or  AZN 324,4 mln over the past month. It has increased by 13.8% or AZN 2 019,8 mln. from the beginning of the year, and increased by 17.9% or AZN 2 533,8 mln. over the past year.

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