Azerbaijan sees rise in money supply in May

Azerbaijan sees rise in money supply in May
  • Clock-gray 16:51
  • calendar-gray 29 June 2018

As of June 1, 2018, M3 money supply made up AZN 22,145,100,000, up AZN 1,288,700,000 or 69.2% from previous year.

 

Central Bank of Azerbaijan says compared to April 2018, the money supply increased by AZN 25.1 million or 1.11% in May.

 

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

 

As of June 1, 2018, the M2 Board of money supply stood at AZN 12,599,100,000, up AZN 815,000,000 or 8.9% in comparison to a year earlier.

 

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