Azerbaijan sees decline in money supply

Azerbaijan sees decline in money supply
# 07 September 2015 11:35 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of August 1, 2015, M3 money supply made AZN 18,855.40 mln, down AZN 2,370 mln or 11.17% from previous year.

Central Bank of Azerbaijan says compared to June, the money supply fell AZN 6 mln or 0.03% in July.

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

M2 Board of money supply declined AZN 6,581.6 mln or 37.75% to AZN 10,853.5 mln in comparison to a year earlier, AZN 138.3 mln or 1.26% in July.

#
#

THE OPERATION IS BEING PERFORMED