As of January 1, 2011, the M2 broad money rose 34.5% to AZN 8 297.5 mln.
The following table describes the trend in money supplies.
(mln. AZN)
Money Board | 01.01.2010 | 01.01.2011 |
M0 (total cash) | 4 174.8 | 5 455.8 |
M1 (assets that can be used to pay for a good or service or to repay debt)) | 5 239.8 | 6 718.9 |
M2 (total cash in circulation outside banks (M0). the amount in demand accounts. current accounts. term deposits in national currency) | 6 169.2 | 8 297.5 |
M3 (M2 plus large time deposits. institutional money-market funds. short-term repurchase agreements. along with other larger liquid assets) | 8 469.2 | 10 527.5 |