Azerbaijan, Baku, March 1 / Trend N.Ismayilova /
The Central Bank of Azerbaijan (CBA) stated about the reduction of money supply (M2) at 5.4 percent in January and an increase of 4.3 percent compared to January 2009, the bank reported.
As of late January, M2 hit 5837.7 million manat as compared to 6169.2 million manat as of Jan.1, 2009 and 5594.7 million manat as of Feb.1, 2009
Cash money supply M0 hit 3972.8 million manat in late January, compared to 4174.8 million manat as of Jan.1, 2009, and 3896.1 million manat as of Feb.1, 2009.
As of late January, Broad Money Supply M3 hit 8143.8 million manat compared to 8469.2 million manat as of Jan.1,2009 and 8009.3 million manat as of Jan.1, 2009.
In late January, transaction money M1 comprised 4857.2 million manat compared to 5239.8 million manat as of Jan.1, 2009 and 4727.4 million manat as of Feb.1 2009
March 1, the official exchange rate is 0.8034 manat to $1.
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