Azerbaijan sees decline in money supply

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# 15:30
9 October 2017

As of September 1, 2017, M3 money supply made up AZN 20,556.3 million, down AZN 597.8 million or 2.83% from previous year.

 

Central Bank of Azerbaijan says compared to July, the money supply decreased AZN 268.1 million or 1.3% in August.

 

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

 

As of September 1, 2017, the M2 Board of money supply increased AZN 1,276,100,000 or 13% to AZN 11,137,500,000 in comparison to a year earlier.

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