Baku. Musa Ahmadov – APA-Economics. As of September 1, 2015, M3 money supply made AZN 17,734.27 mln, down AZN 3,572.13 mln or 16.77% from previous year.
Central Bank of Azerbaijan says compared to July, the money supply fell AZN 1,121.13 mln or 5.95% in August.
Note that M3 Board includes cash out of banks, demand and term deposits.
As of September, M2 Board of money supply stood at AZN 9,545.7 mln, down AZN 7,906.7 mln or 45.30% in comparison to a year earlier. M2 Board of money supply fell AZN 1,307.8 mln or 12.05% in August.
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