M3 money supply declined 4% in January-February.
The following table describes the trend in money supplies.
(mln. AZN)
| 01.03.2009 | 01.01.2010 | 01.03.2010 |
M0 (total cash) | 3 666.9 | 4 174.8 | 4 083.9 |
M1 (assets that can be used to pay for a good or service or to repay debt) | 4 528.5 | 5 239.8 | 4 982.5 |
M2 (total cash in circulation outside banks (M0), the amount in demand accounts, current accounts, term deposits in national currency) | 5 264.8 | 6 169.2 | 5 853.1 |
M3 (M2 plus large time deposits, institutional money-market funds, short-term repurchase agreements, along with other larger liquid assets) | 7 328.4 | 8 469.2 | 8 132.6 |
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