Azerbaijan sees decline in money supply in March

Azerbaijan sees decline in money supply in March
  • Clock-gray 16:26
  • calendar-gray 04 May 2018

As of April 1, 2018, M3 money supply made up AZN 22,459.5 million, up AZN 2,556,600,000 or 12.85% from previous year.

 

Central Bank of Azerbaijan says compared to February 2018, the money supply increased by AZN 408,600,000 or 1.79% in March.

 

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

 

As of April 1, 2018, the M2 Board of money supply stood at AZN 13,005,900,000, up AZN 2,023,000 or 18.42% in comparison to a year earlier. 

 

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