Broad money supply drops slightly in Azerbaijan

As of August 1, 2022, the broad money supply in Azerbaijan amounted to 38.257 billion manats ($22.5 billion).

Report informs, citing the Central Bank of Azerbaijan, that the broad money supply decreased by 0.09% compared to July 1 this year, increased by 10.4% compared to the beginning of the year, and by 21.4% in annual terms.

The broad money supply in manats amounted to 26.266 billion manats ($15.45 billion). This is 0.4% more than the same indicator as of July1, 10% - the beginning of the year, and 20.3% - in annual terms.