For June the volume of clear international reserves (CNR) of the National Bank of Azerbaijan grew by 6,276%, and since the year- start their growth was 14,342%. By 1 July 2005 the CNR volume was 5488,4 billion manats against 5164,3 billion manats by 1 June and 4800 billlion manats by 1 January 2005, NBA told Trend.
Clear internal assets (CIA) were 2953,6 billion manats against 3099,5 billion manats by 1 June and 2715,1 billion manats by 1 January 2005. Extended monetary mass (EMM) by 1 July was 8440,9 billion manats against 8263,8 billion manats by 1 June and 7515,2 billion manats by 1 January 2005. With all these EMM in manats by 1 July was 3851,3 billion manats against 3631,8 billion manats by1 May and 3418 billion manats by 1 January 2005.
Within the Poverty Reduction and Development Program (PRGF) the government and the International Monetary Fund (IMF) coordinated the following minimal level of
clear international reserves of NBA: 30 June 2005 - 4,994 trillion manats, 31 September 2005 - 5,332 trillion manats, 31 December 2005 - 5,663 trillion manats. Within PRGF the rate of 1$ is taken as 4606 manats. By calculations under this rate by 1 June 2005 CNR makes $1121,211 million.
By PRGF the following limits of the total CIA volume are taken: 30 June 2005 - 2,381 trillion manats, 31 September 2005 - 2,462 trillion manats, 31 December 2005 - 2,738 trillion manats.
The forecast of the extended monetary mass (EMM) is taken like this: 30 June 2005 - 7,375 trillion manats (in manats for 3,578 trillion manats ), 31 September 2005 - 7,793 trillion manats (in manats for 3,812 trillion manats), 31 December 2005 - 8,401 trillion manats (in manats for 4,499 trillion manats).