Baku, Azerbaijan, Jan.13
By Emin Aliyev -Trend:
As of January-November 2013, 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 individuals) increased by 20.3 percent compared to the same period of 2012.
According to the Central Bank of Azerbaijan (CBA), as of 11 months of 2013, the rate of M2 was 15.214.2 billion manat compared to 12.649.6 billion manat in the same period of 2012.
The amount of cash money supply (M0) increased by 17.5 percent and amounted to 9.849.4 billion manat compared to 8.383.6 billion manat in Jan.-Nov. 2012.
As of January-November 2013, Broad Money Supply (M3) totaled 18.289.2 billion manat or 15.84 percent more compared to the same period of 2012 (15.787.7 billion manat).
The transaction money (M1) increased by 18.5 percent and amounted to 11.968.6 billion manat compared to 10.100.5 billion manat in January-November 2012.
Parameters of monetary market, in million manat:
|
Amount as of Dec.1, 2013 |
|
|
Money mass in extensive understating (М3) |
18289.2 |
|
Money mass on manat (М2) |
15214.2 |
|
Cash in manat (М0) |
9849.4 |
|
Non-cash in manat |
5364.8 |
The official exchange rate on Jan.13 is 0.7844 AZN/USD.