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Monetary aggregates extends by 3.5%

Business Materials 11 January 2010 13:55 (UTC +04:00)

Azerbaijan, Baku, Jan. 11 / Trend N. Ismayilova /

According to the Central Bank of Azerbaijan (CBA) money supply (M2) increased by 3.5 percent in November, 2009, which has been reduced by 8.3 percent as compared in January to November last year, the CBA reported

As of Dec.1 2009, M2 hit 5575.6 million manat as compared to 5388.5 million manat as of Nov.1, 6081million manat as of Jan.1, 2009 and 5512.8 million manat as of Dec.1, 2008

Cash money supply M0 hit 3805.7 million manat as of Dec.1, 2009, compared to 3670.3 million manat as of Nov.1, 4145.7 million manat as of Jan.2009 and 3668.5 million manat as of Dec.1, 2008.

Extended money supply M3 made up 7904.9 million manat as of Dec.1, 2009 against 7675.6 as of Nov.1, 8494.2 million manat as of Jan.1, 2009 and 7718.7 million manat as of Dec.1, 2008

Transaction money M1 comprised 4706.6 million manat as of Dec.1 compared to 4539 million manat as of Nov.1, 5145 million manat as of Jan.1 and 4593.7 million manat as of Dec.1,2008

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