Baku, Azerbaijan, March 8
By Azad Hasanli – Trend:
The money supply rate (M2) (cash in circulation outside banks) amounted to 12.27 billion manats as of late January 2018 increasing by 14.2 percent as compared to January 2017, Azerbaijan’s Central Bank said in a report.
The amount of cash money supply (M0) increased by 24.6 percent for the year up to 7.38 billion manats, and Broad Money Supply (M3) totaled 22.76 billion manats or by 8.2 percent more compared to late January 2017.
The transaction money (M1) increased by 24.5 percent during the year up to 10.19 billion manats.
Parameters of monetary market, in million manats:
|
Monetary market parameters |
Volume, January 2018 |
Volume, December 2017 |
Volume, January 2017 |
|
Money mass in extensive understating (М3) |
22,755.4 |
22,772.1 |
21,034.9 |
|
Money mass in manat (М2) |
12,272.7 |
12,466.4 |
10,749.3 |
|
Cash in manat (М0) |
7,381.5 |
7,490.3 |
5,922.9 |
|
Non-cash in manat |
4,891.2 |
4,976.1 |
4,826.4 |