Bank Of Baku

Azerbaijan sees rise in money supply

Azerbaijan sees rise in money supply
# 06 June 2014 07:12 (UTC +04:00)

Baku – APA-Economics. As of May 1, 2014, M3 money supply made AZN 19,792.6 mln, up AZN 2,871.3 mln or 17% from previous year.

 

Central Bank of Azerbaijan says money supply rose AZN 415.6 mln or 2.1% in April.

 

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

 

M2 Board of money supply rose AZN 2,500.5 mln or 17.9% to AZN 16,498.7 mln, AZN 357.4 mln or 2.2%.

 

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