Money supply rose by 13.6% in January-October, by 2.5% in October.
M2 broad money rose 18.6% to AZN 7 314.5 mln, during January-October, 2010.
The following table describes the trend in money supplies.
(mln. AZN)
| 01.11.2009 | 01.01.2010 | 01.11.2010 |
M0 (total cash) | 3 670.3 | 4 174.8 | 4 942.6 |
M1 (assets that can be used to pay for a good or service or to repay debt)) | 4 539.0 | 5 239.8 | 5 999.9 |
M2 (total cash in circulation outside banks (M0). the amount in demand accounts. current accounts. term deposits in national currency) | 5 388.5 | 6 169.2 | 7 314.5 |
M3 (M2 plus large time deposits. institutional money-market funds. short-term repurchase agreements. along with other larger liquid assets) | 7 675.6 | 8 469.2 | 9 619.9 |
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