Azerbaijan sees rise in money supply

 Azerbaijan sees rise in money supply
# 06 May 2016 11:01 (UTC +04:00)

Baku. Yegane Lachinzade – APA-Economics. As of April 1, 2016, M3 money supply made AZN 20,635.1 mln, up AZN 1,127.7 mln or 5.78% from previous year.

Central Bank of Azerbaijan says compared to February, the money supply rose AZN 1,036.3 mln or 5.3% in March 2016.

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

M2 Board of money supply declined AZN 3,550.1 mln or 28.4% to AZN 8.943 bln in comparison to a year earlier.

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