MONEY MASS GROW 12.7% IN AZERBAIJAN
In June money mass in Azerbaijan grew 6.044%, while in 2005 a rise comprised 12.7%. The National Bank of Azerbaijan said that as of 1 July the amount of money mass in Azerbaijan (M2) comprised 3851.3bn manats against 3,631,8bn mantas fixed as of 1 June and 3,418bn mantas as of 1 January 2005.
In June the money in cash (M0) rose 7.399%, while in 2005 it rose 11,913%. As of 1 July M0 turned out 2,673,4bn mantas against 2,489,4bn mantas as of 1 May and 2,389bn mantas as 1 January 2005.
Amount of non-cash money grew 3.09% in May, while in 2005 it rose 14.451%. As of 1 July the amount of money in cash comprised 1,177,7bn mantas against 1,142,4bn manats as of 1 May against 1,029bn mantas as of 1 January 2005