Broad money supply up by 4% in Azerbaijan

As of November 1, 2023, the broad money supply in Azerbaijan amounted to 42.894 billion manats ($25.23 billion).

Report informs, citing the Central Bank of Azerbaijan, that the broad money supply increased by 2.1% compared to the previous month, grew by 0.2% compared to the beginning of the year, and surged by 4.2% in comparison to a year earlier.

The broad money supply in manats amounted to 33,433.7 billion manats ($19.67 billion), 0.8% more than the same indicator as of October 1, 13.1% higher than the beginning of the year, and up 16.5% from a year ago.