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MONEY MASS IN AZERBAIJAN GROWS 18% IN 2005

Business Materials 25 August 2005 19:13 (UTC +04:00)

In July 2005 the money mass in Azerbaijan grew by 4.7%.

In 2005 the National Bank of Azerbaijan (NBA) it grew 18%.

As of 1 August 2005 the amount of money mass (M2) comprised 4033.4 bn manats against 3851.3bn manats as of 1 July and 3418bn manats as of 1 January 2005.

As of 1 July the cash money (Рњ0) comprised 2815.7bn manats, or 5.3% against 2389bn manats of 1 January 2005.

In July the amount of non-cash money grew 3,4% and comprised 18.34% over 2005. As of 1 August the amount non-cash money comprised 1217.7bn manats against 1177.7bn manats as of 1 July and 1029bn manats as of 1 January 2005.

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