Broad money supply up 5% in Azerbaijan

The volume of broad money supply in Azerbaijan amounted to 41,110,300,000 manats (over $24.18 billion) as of September 1, down 4% from the beginning of the year and up 0.1% m-o-m and 5.2% y-o-y.

Report informs referring to the Central Bank of Azerbaijan (CBA) that the volume of broad money supply at the end of August amounted to 32,027,500,000 (nearly $18.84 million), which is 2.7% more than at the end of August, 8.3% more than at the beginning of the year and 18.7% y-o-y.