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Azerbaijan sees rise in money supply in February

Azerbaijan sees rise in money supply in February

09 April 2018 10:27 (UTC +04:00)

As of March 1, 2018, M3 money supply made up AZN 22,868.1 million, up AZN 2,716,900,000 or 13.5% from previous year.

Central Bank of Azerbaijan says compared to January 2018, the money supply increased AZN 112,700,000 or 0.5% in February.

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

As of March 1, 2018, the M2 Board of money supply stood at AZN 12,744,900,000, up AZN 1,980,900 or 18.4% in comparison to a year earlier.

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