Bank Of Baku

Azerbaijan sees decline in money supply

Azerbaijan sees decline in money supply
# 11 June 2015 12:38 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of May 1, 2015, M3 money supply made AZN 18,982.88 mln, down AZN 809.68 mln or 4.1% from previous year.

 

Central Bank of Azerbaijan says money supply rose AZN 524.52 mln or 2.69% in April.

 

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

 

M2 Board of money supply fell AZN 5,485.7 mln or 33.27% to AZN 11,004,000,000.

 

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