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Money mass grow 12.4% in Azerbaijan in 2005

Business Materials 27 December 2005 13:10

In November 2005 the money mass in Azerbaijan grew 3.1%n. In 2005 the growth comprised 12.4%, the National Bank of Azerbaijan (NBA) told Trend.

As of 1 December 2005 the amount of money mass (M2) comprised 3841.6bn manats against 3963.9bn manats as of 1 November and 3418bn manats as of 1 January 2005.

In November the amount of cash money grew by 6.29% and comprised 10.87% over 2005. As of 1 December the amount cash money comprised 2648.7bn manats against 2826.4bn manats as of 1 November and 2389bn manats as of 1 January 2005.

The amount of non-cash money reduced 4.86% in November, while this year it rose 15.9%. As of 1 December, the amount of non-cash money made up 1192.8bn manats against 1137.5bn manats as of 1 November and 1029.1bn manats as of 1 January 2005.

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