Baku, Azerbaijan, May 10
By Azad Hasanli – Trend:
The money supply rate (M2) (cash in circulation outside banks) exceeded 13 billion manats as of late March 2018 increasing by 18.4 percent as compared to late March 2017, Azerbaijan’s Central Bank said in a report.
The amount of cash money supply (M0) increased by 20.5 percent for the year up to 7.4 billion manats, and Broad Money Supply (M3) totaled 22.46 billion manats or by 12.85 percent more compared to late March 2017.
The transaction money (M1) increased by 10.69 percent during the year up to 27.1 billion manats.
Parameters of monetary market, in million manats:
|
Monetary market parameters |
Volume, March 2018 |
Volume, December 2017 |
Volume, March 2017 |
|
Money mass in extensive understating (М3) |
22,459.5 |
22,772.1 |
19,902.9 |
|
Money mass in manat (М2) |
13,005.9 |
12,466.4 |
10,982 |
|
Transaction money (M1) |
10,691.7 |
10,544.2 |
8,410.8 |
|
Cash in manat (М0) |
7,404.2 |
7,490.3 |
6,145.2 |
|
Non-cash in manat |
5,601.7 |
4,976.1 |
4,836.7 |
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