Baku. Musa Ahmadov – APA-Economics. As of March 1, 2016, M3 money supply made AZN 19,598.8 mln, down AZN 516.4 mln or 2.57% from previous year.
Central Bank of Azerbaijan says compared to January, the money supply fell AZN 331.4 mln or 1.66% in February 2016.
Note that M3 Board includes cash out of banks, demand and term deposits.
M2 Board of money supply descended AZN 4,920.6 mln or 36.16% to AZN 8,686.4 mln in comparison to a year earlier.