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Cash in circulation in Azerbaijan down

Business Materials 1 August 2018 18:55 (UTC +04:00)

Baku, Azerbaijan, Aug. 1

By Azad Hasanli – Trend:

The money supply rate (M2) (cash in circulation outside banks) decreased by 0.4 percent and amounted to 12.98 billion manats as of late June 2018 as compared to early 2018, Azerbaijan’s Central Bank said in a report.

The amount of cash money supply (M0) decreased by 4.2 percent to 7.17 billion manats and Broad Money Supply (M3) decreased by 0.4 percent to 22.68 billion manats.

The transaction money (M1) increased by 1.06 percent to 10.66 billion manats.

Parameters of monetary market, in million manats:

Monetary market parameters

Volume, June 2018

Volume, December 2017

Volume, June 2017

Money mass in general understating (М3)

22,683.6

22,772.1

20.973

Money mass in manat (М2)

12,984.7

12,466.4

11,435.9

Transaction money (M1)

10,656.1

10,544.2

9,263.4

Cash in manat (М0)

7,173.8

7,490.3

6,774.4

Non-cash in manat

5,810.9

4,976.1

4,661.4

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Follow the author on Twitter: @AzadHasanli

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