Broad money supply up by 5% in Azerbaijan

As of October 1, 2023, the broad money supply in Azerbaijan amounted to 42.024 billion manats ($24.7 billion).

Report informs, citing the Central Bank of Azerbaijan, that the broad money supply increased by 2.2% compared to the previous month, decreased by 1.9% compared to the beginning of the year, and surged by 4.7% in comparison to a year earlier.

The broad money supply in manats amounted to 33,180.7 billion manats ($19.52 billion). This is 3.6% more than the same indicator as of September 1, 12.2% more than the beginning of the year, and 19.8% more than a year ago.