Bank Of Baku

Volume of broad money supply in Azerbaijan reached historical high

Volume of broad money supply in Azerbaijan reached historical high
# 24 January 2022 14:46 (UTC +04:00)

As of January 1, 2022 volume of broad money supply in Azerbaijan made up AZN 34,647 bln, which is a new historical high, APA-Economics reports citing Central Bank of Azerbaijan.

This indicator increased by 4,9% in annual comparison, and by 18,7% from the beginning of the year.

Remind that according to the updated forecasts of the International Monetary Fund, the volume of broad money supply in Azerbaijan will increase by 7,4%.

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