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Azerbaijan sees decline in money supply in April


As of May 1, 2018, M3 money supply made up AZN 22,120,000,000, up AZN 2,217,100,000 or 11.14% from previous year.

 

Central Bank of Azerbaijan says compared to March 2018, the money supply decreased by AZN 339,500,000 or 1.51% in April.

 

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

 

As of May 1, 2018, the M2 Board of money supply stood at AZN 12,425,100,000, up AZN 815,000,000 or 7.02% in comparison to a year earlier. 

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