Broad money supply keeps falling in Azerbaijan

The volume of broad money supply in Azerbaijan amounted to 41,070,600,000 manats ($24.16 billion) as of August 1, down 4.1% from the beginning of the year and 0.4% m-o-m and up 7.4% y-o-y.

Report informs referring to the Central Bank of Azerbaijan (CBA) that the volume of broad money supply at the end of July amounted to 31,713,100,000 (nearly $18.67 million), which is 1% more than at the end of July, 7.3% more than at the beginning of the year and 20.7% y-o-y.