Baku, Azerbaijan, Feb. 1
By Azad Hasanli – Trend:
Money Supply (M2) increased in Azerbaijan by 17.5 percent and amounted to almost 14.64 billion manats as of late 2018 as compared to early 2018, Trend reports citing Azerbaijan’s Central Bank.
Cash Money Supply (M0) increased 1.5 percent to 7.6 billion manats and Broad Money Supply (M3) increased 5.66 percent to 23.727 billion manats.
Transaction Money Supply (M1) increased 16.4 percent to 12.27 billion manats.
December 2018, in million manats |
December 2017, in million manats |
|
Broad Money Supply (M3) |
24,060.4 |
22,772.1 |
Money Supply (M2) in manat |
14,643.6 |
12,466.4 |
Transaction Money Supply (M1) |
12,274.6 |
10,544.2 |
Cash Money Supply (M0) in manat |
7,601.4 |
7,490.3 |
Non-Cash Money Supply in manat |
7,042.3 |
4,976.1 |
______
M0 = cash in circulation (banknotes and coins)
M1 = M0 + demand deposits (including debit cards), national currency balances of non-financial institutions, financial (except credit) organizations
M2 = M1 + fixed-term deposits
M3 = M2 + savings deposits, state bonds
(1.7 AZN = 1 USD on Feb. 1)
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