TODAY.AZ / Business

Azerbaijan sees rise in money supply

10 September 2012 [18:10] - TODAY.AZ
. As of August 1, 2012, M3 broad money reached AZN 14,703.0 million, up 23.3% from last year, said the Central Bank of Azerbaijan.

Money supply increased by 5.8% or AZN in January-July, 2012.

As of August 1, 2012, the M2 broad money rose 28.0% to AZN 2,619.6 mln year-on-year.

The following table describes the trend in money supplies.

(mln. man.)

 

01.08.11

01.01.12

01.08.12

M0 (total cash)

6 199.0

7 158.2

8 012.3

M1 (assets that can be used to pay for a good or service or to repay debt))

7 679.8

8 824.8

9 671.2

M2 (total cash in circulation outside banks (M0). the amount in demand accounts. current accounts. term deposits in national currency)

9 351.4

10 997.2

11 971.0

M3 (M2 plus large time deposits. institutional money-market funds. short-term repurchase agreements. along with other larger liquid assets)

11 921.2

13 903.2

14 703.0



/APA/
URL: http://www.today.az/news/business/112211.html

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