Broad money supply in Azerbaijan up by 1%

The volume of broad money supply in Azerbaijan as of December 1, 2023, exceeded 43.36 billion manats ($25.5 billion), Report informs, citing the Central Bank of Azerbaijan (CBA).

According to the CBA, this amount is 1.1% more than a month earlier, 1.3% more than at the beginning of the year, and 3.9% more year-on-year.

The volume of broad money supply in manats at the end of November 2023 amounted to over 34.19 billion manats ($20.11 billion), which is 2.3% more month-on-month, 15.7% more than at the beginning of the year and 19.3% more year-on-year.