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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