BAKU, Azerbaijan, April 22. Azerbaijan Money Supply M2 increased by 3.2 billion manat ($1.8 billion) or 16.1 percent compared to the same period last year - from 20.3 billion ($11.9 billion) to 23.5 billion manat ($13.7 billion) in March 2022, Trend reports citing the Central Bank of Azerbaijan Republic (CBAR).
According to CBAR, Azerbaijan Money Supply M0 decreased over the year by 64 million manat ($37.6 million, 0.61 percent) - from 10.589 billion ($6.228 billion) to 10.525 billion manat ($6.191 billion) and Azerbaijan Money Supply M3 increased by 5.6 billion manat ($3.3 billion, 19.1 percent) - up to 34.9 billion manat ($20.5 billion), against 29.3 billion manat ($17.2 billion) a year earlier).
Azerbaijan Money Supply M1 increased by 2.6 billion manat ($1.5 billion 14.84 percent) over the year - from 17.6 billion manat ($10.3 billion) to 20.2 billion manat ($11.8 billion).
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Money market parameters: |
Volume, March 2022 |
Volume, March 2021 |
|
Extended money supply (M3) |
34.9 billion manat ($20.5 billion) |
29.2 billion manat ($17.1 billion) |
|
Money supply in manat terms (M2) |
23.5 billion manat ($13.8 billion) |
20.3 billion manat ($11.9 billion) |
|
Money supply for transactions (M1) |
20.2 billion manat ($11.8 billion) |
17.6 billion manat ($10.3 billion) |
|
Cash money supply in circulation (M0) |
10.5 billion manat ($6.1 billion) |
10.5 billion manat ($6.1 billion) |
|
Non-cash money supply in manat terms |
9.7 billion manat ($5.7 billion) |
7.04 billion manat ($4.1 billion) |