Bank Of Baku

Azerbaijan increases money supply

Azerbaijan increases money supply
# 03 October 2014 11:58 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of September 1, 2014, M3 money supply made AZN 21,306.4 mln, up AZN 3,864.1 mln or 22.15% from previous year.

 

Central Bank of Azerbaijan says money supply rose AZN 81 mln or 0.4% in August, 10.5% in January-August.

 

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

 

M2 Board of money supply rose AZN 2,721.2 mln or 18.5% to AZN 17,452.4 mln in comparison to a year earlier.

 

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