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

Money supply sterilization dips to a historical low in Azerbaijan

Money supply sterilization dips to a historical low in Azerbaijan

30 March 2009 14:19 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. As at late March, the amount of in-circulation notes issued by National Bank of Azerbaijan as the main tool to sterilize or offset the money supply increase reached AZN 23 million, a historical low since the record kept.
The amount of notes in circulation mainly dwindled during recent months.

Amount (left) and yield (right) of notes

As shown in the diagram, the amount and yield trends decreased simultaneously, showing liquidity problem facing banks.
The main function of notes issued by central bank is to absorb excess money supply from the open market and such a deep decline shows that there is no excess money in the bank system.
Once can now predict that the notes market may dip to zero in the context that banks have no money to buy notes.

Finance

Azerbaijan

Azerbaijan's insurance market grows by nearly 2% this year

Vusal Gurbanov, Director General of the Central Bank of Azerbaijan

Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations

Chairperson of the Supervisory Board of the Azerbaijan Insurers Association Ulviyya Jabbarova

Azerbaijan's insurance market doubles over past four years

Aliyar Mammadyarov, First Deputy Chairman of the Central Bank of the Republic of Azerbaijan

Central Bank of Azerbaijan preparing new development strategy for insurance sector

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