BAKU, Azerbaijan, May 24. Azerbaijan Money Supply M2 grew in April 2022, Trend reports via the Central Bank of Azerbaijan (CBA).
According to CBA, this figure amounted to 24.2 billion manat ($14.2 billion), up by 3.3 billion manat ($1.9 billion) or 15.92 percent compared to last year’s April (20.8 billion manat or $12.2 billion).
The bank also said that in April this year, Azerbaijan Money Supply M0 increased by 28 million manat ($16.4 million), or 2.65 percent - from 10.5 billion or $6.1 billion (recorded in the same month of 2021) to 10.8 billion manat ($6.3 billion).
Meanwhile, Azerbaijan Money Supply M3 rose by 5.8 billion manat ($3.4 billion, or 19.78 percent) - up to 35.6 billion manat ($20.9 billion), against 29.7 billion manat ($17.4 billion) a year earlier.
Azerbaijan Money Supply M1 increased by 2.7 billion manat ($1.6 billion or 15.06 percent) over the year - from 18 billion manat ($10.6 billion) to 20.79 billion manat ($12.23 billion).
|
Money market parameters: |
Volume, April 2022 |
Volume, April 2021 |
|
Extended money supply (M3) |
35.6 billion manat ($20.9 billion) |
29.7 billion manat ($17.4 billion) |
|
Money supply in manat terms (M2) |
24.2 billion manat ($14.2 billion) |
20.8 billion manat or $12.2 billion |
|
Money supply for transactions (M1) |
20.79 billion manat ($12.23 billion) |
18 billion manat ($10.6 billion) |
|
Cash money supply in circulation (M0) |
10.8 billion manat ($6.3 billion) |
10.5 billion manat ($6.1 billion) |
|
Non-cash money supply in manat terms |
9.9 billion manat ($5.8 billion) |
7.5 billion manat ($4.4 billion) |