Broad money supply in Azerbaijan up by 7%

Finance
  • 04 March, 2024
  • 06:45
Broad money supply in Azerbaijan up by 7%

The volume of broad money supply in Azerbaijan as of February 1, 2024, exceeded 44,898.7 million manats ($26.41 billion), Report informs, citing the Central Bank of Azerbaijan (CBA).

According to the CBA, this amount is 0.4% less than a month earlier and 6.9% more than the previous year.

The volume of broad money supply in manats at the end of January 2024 amounted to over 34,235.3 million manats ($20.14 billion), which is 3.2% less month-on-month and 18.4% more year-on-year.