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/
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