Azerbaijan, Baku, Oct.2 / Trend N.Ismayilova /
The Central Bank of Azerbaijan (CBA) noted the increase in money supply (M2) by 2.2 percent in August and 32.1 percent compared to August 2009, the CBA reported. So, as of late August, the rate of M2 was 6,892 billion manat compared to 7,569.1 billion as of Sept.1 2009.
The amount of cash money supply (M0) in late August hit 4,850.8 billion manat compared to 4,811.4 billion manat as of late July and 3,651.9 million manat as of Sept.1, 2009.
As of late August, Broad Money Supply (M3) totaled 9,054.5 billion manat compared to 9,315 billion manat compared to 9,054.5 billion manat as of late July and 7,569.1 billion manat as of Sept.1, 2009.
The transaction money (M1) amounted to 5,803.9 billion manat compared to 5,756.5 billion manat as of late July and 4,550.3 million manat as of Sept.1, 2009.
The official exchange rate is 0.8026 manat to $1 Oct.2.