Compared with the beginning of 2006, to the end of the year, the money base (reserve money in an extended interpretation) increased on 1158,8 mln. AZN or in 2,3 times and reached 2044,6 mln. AZN. As Trend has been informed in the National bank of Azerbaijan, the money supply in AZN increased on 911,7 mln. AZn or on 2,3 times and reached 1599,5 mln. AZN.
Reserve Money and Their Structure Elements in mln. AZN):
|
January 1, 2006 |
January 1, 2007 | |
|
1. Reserve Money (3+4+7) |
885.8 |
2044.6 |
|
2. Reserve Money in AZN (3+5.1+6.1+7) |
687.8 |
1599.5 |
|
3. Money Supply in Circulation |
594.1 |
1449.3 |
|
4.Banking Reserves (5+6) |
291.7 |
594.9 |
|
5. Correspondent Accounts (5.1+5.2) 5.1. in AZN 5.2. in other Currencies |
207.9 93.7 114.2 |
594.9 149.9 445 |
|
6. Obligatory Reserves (6.1+6.2) 6.1. in AZN 6.2. in other Currencies |
83.9 0 83.9 |
0 0 0 |
|
7. Other Deposits |
0 |
0.4 |