Azerbaijan sees rise in money supply

Azerbaijan sees rise in money supply
# 09 June 2017 14:52 (UTC +04:00)

As of May 1, 2017, M3 money supply made up AZN 21,081.8 million, up AZN 516.1million or 2.51% from previous year.

 

Central Bank of Azerbaijan says compared to March, the money supply increased AZN 1,178.9 million or 6% in April.

 

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

 

As of May 1, 2017, the M2 Board of money supply increased AZN 2,404,300,000 or 26.12% to AZN 11,610,100,000 in comparison to a year earlier.

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