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Money mass in Azerbaijan grow by 16%

Business Materials 30 November 2005 14:26 (UTC +04:00)

In October 2005 the money mass in Azerbaijan grew by 5.5%n. In 2005 the growth comprised 16%, the National Bank of Azerbaijan (NBA) told Trend.

As of 1 November 2005 the amount of money mass (M2) comprised 3963.9bn manats against 4193.7bn manats as of 1 October and 3418bn manats as of 1 January 2005.

In October the amount of cash money grew by 6.3% and comprised 18.3% over 2005. As of 1 November the amount cash money comprised 2826.4bn manats against 3016.4bn manats as of 1 October and 2389bn manats as of 1 January 2005.

In October the amount of non-cash money dropped by 3.38% and comprised 10.53% over 2005. As of 1 November the amount non-cash money comprised 1137.5bn manats against 1177.3bn manats as of 1 October and 1029.1bn manats as of 1 January 2005.

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