Broad money supply in manats up by 22% in Azerbaijan

As of November 1, 2021, the broad money supply in Azerbaijan amounted to 32.462 billion manats ($19.09 billion), Report informs, citing the Central Bank of Azerbaijan (CBA).

According to the bank, this figure is 0.8% more than on October 1, 11.2% more than at the beginning of the year, and 20.5% more than on November 1 last year.

At the end of October, the broad money supply in the Azerbaijani manat amounted to just over 22.578 billion manats ($13.281 billion). This is 0.8% more than a month earlier, 11.2% more than at the beginning of the year, and 21.6% more than at the end of October last year.