Broad money supply in Azerbaijani manat up by 4%

As of November 1, 2024, the volume of the broad money supply (M3) in Azerbaijan amounted to 44.45 billion manats ($26.15 billion), Report informs, citing the Central Bank of Azerbaijan.

This is 2.5% less in monthly comparison, 1.4% less compared to the beginning of the year, and 3.6% more in annual comparison.

The volume of money supply in manats (M2) as of November 1 amounted to nearly 34.63 billion manats ($20.37 billion). This is 3.2% less than the same indicator as of October 1, 2.1% less compared to the beginning of the year, and 3.6% more in annual comparison.