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.