Azerbaijan sees decline in money supply

Azerbaijan sees decline in money supply
# 08 May 2017 16:15 (UTC +04:00)

As of April 1, 2017, M3 money supply made up AZN 19,902.9 million, down AZN 732.2 million or 3.55% from previous year.

Central Bank of Azerbaijan says compared to February, the money supply decreased AZN 248.3 million or 1.23% in March.

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

As of April 1, 2017, the M2 Board of money supply increased AZN 2,077,600,000 or 27.1% to AZN 10,982,000,000 in comparison to a year earlier.

#
#

THE OPERATION IS BEING PERFORMED