Azerbaijan sees surge in broad money supply

As of October 1, 2024, the volume of broad money supply in Azerbaijan exceeded 45.586 billion manats ($26.815 billion), Report informs, citing the Central Bank of Azerbaijan.

This figure is 1.3% more compared to the previous month, 1.1% more compared to the beginning of the year, and 8.5% more year-on-year.

Including, the volume of broad money supply in Azerbaijani manats as of October 1 amounted to 35.77 billion manats ($21.04 billion). This is 1.4% more than the same indicator as of September 1, 1.1% more compared to the beginning of the year, and 7.8% more year-on-year.