Azerbaijan sees rise in money supply

Azerbaijan sees rise in money supply
# 08 November 2017 13:49 (UTC +04:00)

As of October 1, 2017, M3 money supply made up AZN 21,133.7 million, up AZN 999.5 million or 4.96% from previous year.

 

Central Bank of Azerbaijan says compared to August, the money supply increased AZN 577.4 million or 2.8% in September.

 

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

 

As of October 1, 2017, the M2 Board of money supply increased AZN 1,498,100,000 or 15.03% to AZN 11,464,500,000 in comparison to a year earlier.

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