USD 1.7

Baku 25 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Azerbaijan sees 24% growth in money supply

Azerbaijan sees 24% growth in money supply

22 July 2011 10:33 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. As of June 1, 2011, M3 broad money reached AZN 11,056.1 mln, up 23.8% from last year, said the Central Bank of Azerbaijan.

Money supply increased by 5% in January-May, 2011.

The M2 broad money rose 30% to AZN 8,392.0 mln

The following table describes the trend in money supplies.

(mln. man.)

Â	01.06.10	01.01.11	01.06.11
M0 (cash money)	4 543,5	5 455,8	5 610,3
M1 (cash money. demand deposits)	5 439,8	6 718,9	6 833,6
M2 (cash money. demand and term deposits in manat)	6 454,0	8 297,5	8 392,0
M3 (cash money. demand and term deposits)	8 929,8	10527,5	11 056,1

As of June 1, 2011, total volume of M2 broad money made 66.9%, down 3.5% from a year ago.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED