Azerbaijan sees surge in broad money supply

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.
Finance
November 2, 2024 14:36
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.

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