Azerbaijan sees rise in money supply

Azerbaijan sees rise in money supply
# 05 January 2015 11:46 (UTC +04:00)

Baku – APA-Economics. As of December 1, 2014, M3 money supply made AZN 21,689.8 mln, up AZN 3,400.6 mln or 18.6% from previous year.

Central Bank of Azerbaijan says money supply rose AZN 317.7 mln or 1.5% in November.

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

M2 Board of money supply rose AZN 2,311 mln or 15.2% to AZN 17,525.2 mln in comparison to a year earlier.

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