Broad money supply rises 18% in Azerbaijan

As of April 1, 2023, the broad money supply in Azerbaijan amounted to 41.078 billion manats ($24.16 billion).

Report informs, citing the Central Bank of Azerbaijan, that the broad money supply decreased by 1.6% compared to March 1 this year, by 4.1% compared to the beginning of the year, and surged by 17.7% in comparison to a year earlier.

The broad money supply in manats amounted to 29.694 billion manats ($17.47 billion), 2.3% more than the same indicator as of March 1, 4.3% more than the beginning of the year, and 25.8% higher than the previous year.