Azerbaijan sees decline in money supply

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# 09:53
11 April 2017

As of March 1, 2017, M3 money supply made up AZN 20,151.2 million, up AZN 552.4 million or 2.82% from previous year.

 

Central Bank of Azerbaijan says compared to January, the money supply decreased AZN 883.7 million or 4.2% in February.

 

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

 

As of March 1, 2017, the M2 Board of money supply increased AZN 2,077,600,000 or 24% to AZN 10,764,000,000 in comparison to a year earlier.

 

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