Baku. Musa Ahmadov – APA-Economics. As of October 1, 2014, M3 money supply made AZN 21,133.1 mln, up AZN 3,519.5 mln or 19.98% from previous year.
Central Bank of Azerbaijan says money supply fell AZN 173.3 mln or 0.81% in September, rose 9.6% in January-September.
Note that M3 Board includes cash out of banks, demand and term deposits.
M2 Board of money supply rose AZN 2,558.2 mln or 17.3% to AZN 17,367.8 mln in comparison to a year earlier, dropped AZN 84.6 mln in September.