Azerbaijan sees 27% rise in money supply

Azerbaijan sees 27% rise in money supply
# 10 January 2013 10:22 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of December 1, 2012, M3 money supply made AZN 15,787.7 mln, up AZN 2,957.0 mln or 23.0% from previous year.

Central Bank of Azerbaijan says money supply rose AZN 1,884.5 mln or 13.6% in January-November.

Note that M3 Board includes cash out of banks, demand and term deposits.

M2 Board of money supply rose AZN 2,657.7 mln or 26.6% to AZN 12,649.6 mln in comparison to a year earlier.

(mln. AZN)

01.12.2011

01.01.2012

01.12.2012

M0 (cash)

6,529ÅŸ4

7,158.2

8,383.6

M1 (cash, demand deposits)

8,027.0

8,824.8

10,100.5

M2 (cash, demand and manat term deposits)

9,991.9

10,997.2

12,649.6

M3 (cash, demand and term deposits)

12,830.7

13,903.2

15,787.7

As of December 1, share of cash in money supply made 66.3%, up 1.0 percentage point.

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