PremiumAzerbaijan pulls back curtain on national currency money supply

Economy Materials 2 April 2025 13:04 (UTC +04:00)
Azerbaijan pulls back curtain on national currency money supply
Evez Hasanov
Evez Hasanov
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BAKU, Azerbaijan, April 2. The broad money supply (M2) in Azerbaijan in manat amounted to 35.4 billion manat as of March 1, 2025.

Data obtained by Trend from the Central Bank of Azerbaijan shows that this metric experienced a year-over-year expansion of 3.4 percent.

In the interim, the external obligations of the banking sector escalated by 21.8 million manat ($13 million) relative to the commencement of the fiscal year, culminating in a total of 2.6 billion manat ($1.5 billion).

The observed alteration in external liabilities is predominantly attributable to the escalation in the aggregate of current accounts held by non-resident legal entities.

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