Azerbaijan sees rise in money supply in eleven months of 2017

 Azerbaijan sees rise in money supply in eleven months of 2017
  • Clock-gray 13:11
  • calendar-gray 15 January 2018

As of December 1, 2017, M3 money supply made up AZN 21,517.9 million, up AZN 1,246,000,000 or 6.15% from previous year.

 

Central Bank of Azerbaijan says compared to October, the money supply increased AZN 68.3 million or 0.32% in November.

 

Note that M3 Board includes cash out of banks, demand and term deposits.

 

As of December 1, 2017, the M2 Board of money supply stood at AZN 12,04,700,000, up AZN 1,102,300,000 or 10.1% in comparison to a year earlier.

 

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