Azerbaijan, Baku, Jan.5/ Trend N.Ismayilova/
The Central Bank of Azerbaijan (CBA) noted the increase in money supply (M2) (cash in circulation (outside banks) and remainders in the domestic currency on accounts of non-financial organizations, financial (excluding credit) organizations and physical entities) by 2.5 percent in November and 34.7 percent compared to January-November 2011, the CBA said on Thursday.
As of Dec.1, 2011, the rate of M2 was 9.991.9 billion manat compared to 9.748.6 billion manat as of early November and 7.417.7 billion manat as of Dec.1, 2010.
The amount of cash money supply (M0) as of Dec.1, 2011 hit 6.529.4 billion manat compared to 6.505.3 billion manat as of early November and 4.994.3 billion manat as of Dec.1, 2010.
As of early December, Broad Money Supply (M3) totaled 12.830.7 billion manat compared to 12.652.2 billion manat in early November and 9.620.8 billion manat as of Dec.1, 2010.
The transaction money (M1) amounted to 8.027 billion manat as of early December compared to 7.835.8 billion manat as of early November and 5.964 billion manat as of Dec.1, 2010.
The official exchange rate is 0.7865 manat to $1.